Master developer Eagle Hills Sharjah has appointed East Coast Contracting and Trading as a contractor for its AED160mn Kalba Waterfront project.
Kalba Waterfront covers a gross floor area of 17,000sqm and offers a gross leasing area of 11,200sqm within the Kalba Eco-Tourism Project. Overlooking the Kalba lagoon, it will offer a serene and beautiful environment for all visitors to enjoy, while also providing a practical, service-oriented hub that caters to the needs of the local community.
The retail development withing the masterplan is set to become the shopping, dining, and leisure destination in Kalba region when it opens in the third quarter of 2019, said Marwan bin Jassim Al Sarkal, CEO of Shurooq, after signing the deal in the presence of Low Ping, CEO of Eagle Hills; Haitham Fekry, executive director of Eagle Hills; and Ahmed Saeed Al Raqbani, managing director of East Coast Group.
As part of the contract, East Coast Contracting and Trading has begun the enabling and structural works on the master-planned retail development.
Al Sarkal said: “Our signing with East Coast Group is only the beginning of our strategic venture to grow our investment portfolio, thanks to their outstanding works in Sharjah, Dubai, Fujairah and their existing retail projects in Kalba, affirming our confidence and trust in their capabilities to make our vision come true.
Ping said: “In line with our mission to drive economic growth across the UAE and particularly in the Northern Emirates, we identified a need in Sharjahs retail market for a modern facility that would provide entertainment, restaurants and fashion all under one roof. We are pleased to be addressing this through Kalba Waterfront, a first-of-its-kind retail development for Sharjah.”
On the contract win, Al Raqbani said: “With our 40-year proven track record in the contracting business, we are committed to delivering a high-quality project on schedule and within budget, and we are pleased to be working with Eagle Hills as we believe in the companys modern vision for the future of Sharjah.”
The mall will feature 86 retail outlets including a wide variety of dining options, a choice of top fashion brands for all members of the family, and well-known supermarket chains, as well as a large indoor dining area, a children’s play area, a family entertainment centre, and a park surrounding the lagoon.