UAE: Bloom appoints main contractor for Park View
Bloom Properties has appointed a main contractor to carry out construction at its Park View development on Abu Dhabi’s Saadiyat Island
Bloom Properties has appointed the main contractor for its Park View development.
The project, which is located on Abu Dhabi’s Saadiyat Island, will be constructed by a joint venture between Tharwaa and Al Mansouri 3B.
Enabling works for Park View are in the final stages of completion, and site mobilisation has commenced.
Other from master developer Tourism Development & Investment Company (TDIC), Bloom is the first developer to commence construction within Saadiyat Island’s ‘University’ neighbourhood.
Commenting on the contract award, Sameh Muhtadi, chief executive officer of Bloom Holding, said: “Bloom Properties is delighted to appoint [the] Tharwaa-Al Mansouri 3B joint venture to carry out the main construction works of this strategically located project on Saadiyat.
“The development of Park View articulates our sustained efforts to provide investors with the best real estate products within prime locations. With the commencement of the main contracting works, we seek to fulfil our commitment in delivering the project on schedule and to the highest construction standards.”
Park View will feature two buildings: one residential and one related to hospitality. The residential component will consist of 207 units, ranging from studio to two-bedroom apartments. In addition, the development will feature 217 serviced hotel apartments and Abu Dhabi’s first ‘sky pool’, which will sit 30m above the ground.
Adnan Abuzanat, president of the Tharwaa-Al Mansouri 3B JV, said that his team would use the latest construction technologies to ensure that Park View is completed according to Bloom Properties’ schedule.
“We are honoured to be awarded this contract by Bloom Properties. This is a very exciting project and we will justify the confidence and trust placed in us by Bloom Properties by deploying the best construction technologies and processes to ensure the efficient and timely completion of the project.”
Main works at Park View are scheduled to complete by Q4 2017.