Work begins at KIPCO's Hessa Al Mubarak project
The project, located on the outskirts of Kuwait City and overlooking the Arabian Gulf, is Kuwait’s first-ever comprehensive, mixed-use development
Kuwait Projects Company (KIPCO) announced that construction work has begun on its much-anticipated 38ha Hessa Al Mubarak project.
The project, located on the outskirts of Kuwait City and overlooking the Arabian Gulf, is Kuwait’s first-ever comprehensive, mixed-use development.
In a company statement announcing details of the project, Faisal Al Ayyar, KIPCO’s vice chairman said: “This project offers a new approach to upper-scale, integrated, urban, mixed-use developments in Kuwait. We have taken a holistic approach to design, creating a richness and sense of connectivity through architecture and landscaping.
"The owners have made a commitment to quality and we will be laying down all the infrastructure within the masterplan – including public facilities and open green areas – to make sure that we deliver on this promise, now and in the future.”
The project development manager is Al Mutawir Real Estate Company, whereas the infrastructure contract has been awarded to Ahmadiah Contracting and Trading Company. Mobilisation on site has already begun.
The land plot for the project spans across 227,066m2, of which close to 50% is dedicated to public services and amenities. This includes gardens, open public spaces, urban plazas, streets, and multi-storey public parking and utilities.
Gardens and green areas across the project have been allocated 23,400m2.
Speaking about details of the masterplan, Tawfiq Al Jarrah, executive director of the development, said: "More than 70% of the built up area of the project is dedicated to residential units. These are strategically located within the masterplan to allow residents to benefit from public spaces and amenities.
"The masterplan also includes a business district stretching between two anchor nodes; the food and beverage cluster to the north, and the retail and community services cluster to the south.”
The project includes 82 plots for residential buildings (high, medium and low-rise apartment buildings and duplexes); serviced apartments; offices; clinics; health clubs; commercial activities; retail; as well as food and beverage (F&B) outlets.
Al Jarrah added: “KIPCO, through its subsidiaries, will be developing 38 plots of the masterplan. The rest of the project will be developed by parties who share our vision and strive for excellence.
"Our first milestone will be the completion of the infrastructure, which will take 12 months. The first phase of the project, which includes properties developed by our subsidiaries, will be completed within the next 36 months. As such, Hessah Al Mubarak will be inhabited by 2020.”
KIPCO had initially announced the mixed-use project, originally valued at $5bn (KWD1.5bn), in 2015.