TDIC, Western Bainoona ink Saadiyat Lagoons deal
Saadiyat Lagoons, the largest district on the island, is a premium residential community, launched during Cityscape Abu Dhabi 2016
Abu Dhabi's The Tourism Development & Investment Company (TDIC) has awarded the enabling works contract for Phase 1 of the Saadiyat Lagoons District to Western Bainoona Group for General Contracting LLC.
The six-month contract covers ground improvements, in addition to site clearance.
Saadiyat Lagoons, the largest district on the island, is a premium residential community which was launched during Cityscape Abu Dhabi 2016.
It is expected to become home to 29,000 residents across more than 4,300 residential units.
Sufian Hasan Al Marzooqi, chief executive officer at TDIC, said: “We are pleased to announce the awarding of the contract for the enabling works for Saadiyat Lagoons District. We launched this project back in April of this year and works are on track in preparation for the main construction of the project.
"Saadiyat Lagoons District will offer investors and residents a unique lifestyle experience along with proximity to the island’s other districts and their rich leisure, education and cultural offerings. The interest we have received so far has been very promising and we look forward to seeing this project come to life.”
Phase 1 of the Saadiyat Lagoons District includes 820 townhouses set in a gated community. The townhouses will make up two-, and three-bedroom units featuring a contemporary design style.
Homeowners will also have access to a range of community facilities such as community pools and children playgrounds, including a dedicated convenience store, and access to a neighbourhood lagoon.
The Lagoons, developed on a six million square meter land, will feature contemporary villas and townhouses that offer access to neighbourhood shops, F&B outlets, community pools, children’s play areas, mosques, schools, nurseries and leisure facilities such as a state-of-the-art equestrian centre.
It has been designed to encourage active lifestyles, with walking and cycling paths located throughout the district and horse-riding trails set alongside the mangroves’ area.
Future residents and visitors will enjoy the rich gardens and parks, as well as lush open spaces and a central lagoon located across 2.4 million square metres of open space.
Along with diverse leisure elements, the district will also include two lifestyle and retail destinations: a town centre, which overlooks the central Plaza, the central lagoon and a linear park, and, a waterfront village, located close to the water’s edge and easily accessible by the district’s various paths.