Khaleej Times

Reem Island to get Dh250M public park

- Staff Report

abu dhabi — Aldar Properties on Wednesday announced plans for its new 1,000,000 square feet public park on Reem Island. The Reem Central Park, costing Dh250 million, will be completed in 2018.

The park features a mosque, F&B outlets, retail centre, a skate park, play areas and water features. In supporting Emirati entreprene­urship, Aldar will allocate a dedicated space within the park’s retail offer to local businesses.

“We are proud to launch Reem Central Park and create a space that will benefit so many of Abu Dhabi’s residents and visitors upon its completion next year. This park fits well within our strategy to create dynamic, amenity-driven lifestyle destinatio­ns across our land bank in Abu Dhabi. The park will provide yet another leisure and entertainm­ent option for everyone in the area,” Mohamed Khalifa Al Mubarak, chief executive officer, Aldar Properties, said.

Built on tiered levels, Reem Central Park will boast a variety of attraction­s and amenities that lead down to a natural waterfront, including a 4km promenade, providing visitors with edutainmen­t opportunit­ies about the area’s natural reserves and plant life.

Earlier this week, Aldar announced the launch of The Bridges, a Dh1.3 billion midmarket developmen­t on Reem Island. The Bridges comprises six towers and 1,272 units, with

This park fits well within our strategy to create dynamic, amenity-driven lifestyle destinatio­ns Mohamed Khalifa Al Mubarak, CEO of Aldar Properties

sales having commenced at Cityscape Abu Dhabi.

Aldar’s master-planned community on Reem Island is already home to some of the company’s developmen­ts including Sun & Sky Tower, and the Gate & Arc Towers. It is also the location of Aldar’s first mid-market project, Meera, which was successful­ly launched in June 2015 and is over 90 per cent sold, with constructi­on ongoing.

Reem Island offers significan­t benefits to residents through its close proximity to the central business district on Al Maryah Island and its connectivi­ty to the centre of Abu Dhabi and other prime destinatio­ns within the emirate.

— business@khaleejtim­es.com

 ??  ?? Visitors check out scale models at Aldar Properties’ pavilion.
Visitors check out scale models at Aldar Properties’ pavilion.

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