Amlak, a Bahrain real estate company, has invited bids for the demolition of an existing facility to pave the way for the reconstruction of its Bahrain Marina Development Project.
Adopting modern urban design, the new project in Manama will span nearly 150,000 sq m, covering the existing area of the current Marina Club, said an earlier statement from the Bahraini firm.
Amlak is the real estate investment arm and wholly-owned subsidiary of the Social Insurance Organisation (SIO).
The construction work is likely to start in the third quarter of next year and, once completed, the project will offer state-of-the-art residential, entertainment, leisure and marina facilities in the heart of Manama, it stated.
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, said a senior official.
Set for five-star status, the Bahrain Marina is integrated with landscaped gardens and an abundance of water features, said Amlak.
The planned development stretches along a pristine coastline and is positioned as the kingdom’s prime lifestyle and leisure destination.