CONSTRUCTION work on the Bahrain Marina development project, being developed by Bahrain real estate company Amlak, is expected to commence by the third quarter of this year.
Adopting modern urban design, the new project will span nearly 150,000 sq m, covering the existing area of the current Marina Club along the King Faisal Corniche. It will offer state-of-the-art residential, entertainment, leisure and marina facilities in the heart of Manama.
“This stunning development matches our aspiration to convert the existing Marina Club into a world-class facility project and a national landmark,” says a spokesman for Amlak, the real estate investment arm and wholly-owned subsidiary of the Social Insurance Organisation (SIO).
Set for five-star status, the Bahrain Marina is integrated with landscaped gardens and an abundance of water features.
The planned development stretches along a pristine coastline and is positioned as the kingdom’s prime lifestyle and leisure destination.
Targeted for completion by 2019, the mixed-use project will include a five-star luxury hotel and serviced apartments along with freehold apartments and waterfront villas, shopping mall, fully-integrated family entertainment and educational centre and a recreational waterfront space with dining and retail spaces.
The yacht club will cover an impressive area with a capacity of berthing more than 300 boats of different sizes.
“Amlak’s mandate is to drive investment strategies for SIO. The team behind Amlak comes with a wealth of experience,” the spokesman adds.