Miral appoints main contractor for $3.2bn Yas Bay projects
Miral has appointed BAM International as main contractor for the arena, plaza, and nearby retail and F&B spaces planned for the $3.2bn (AED12bn) Yas Bay development in Abu Dhabi
UAE-based developer Miral has appointed BAM International as main contractor for the arena, plaza, and nearby retail and F&B spaces planned for the $3.2bn (AED12bn) Yas Bay development in Abu Dhabi.
The arena is designed as a fully-covered venue with an adjustable configuration to accommodate events with capacities up to 18,000. FLASH Entertainment will oversee arena management.
As the first multi-purpose venue in Abu Dhabi, the arena is scheduled for completion by the end of 2019.
B.R. Kiran, chief portfolio officer at Miral, said: “The arena will be a unique addition to the Island’s portfolio of attractions with the opportunity it brings to host world-class multi-purpose events and activities.
“This development complements our vision to make Yas Island a top global destination for leisure and entertainment.”
Retail spaces will be within walking distance of the plaza, offering shopping options ranging from sports to gadgets. The arena will also host six restaurants, two cafes, and three grab and go food units.
“The appointment of BAM International as our contractor of choice for the arena marks an important milestone in the development progress of the Yas Bay project,” Kiran added.
Miral has been recently appointed to undertake the design and development of the A’L BAHAR, a new beachfront community located on Abu Dhabi’s Corniche.
The project will comprise basketball and beach volleyball courts, soccer pitches, an outdoor gym, kids play area, spaces for concerts and community events as well as an over half a kilometre promenade, set aside for walking.
A’L BAHAR will be implemented across 80,000 square metres of mixed-use space and is scheduled for completion by Q1 2018.