Abu Dhabi master developer Tourism Development & Investment Company (TDIC) awarded the $340m (AED1.25bn) main construction contract for Mamsha Al Saadiyat to a joint venture between San Jose Contracting and Pivot Engineering & General Contracting.
The project is scheduled to be delivered in the second half of 2018.
HE Ali Majed Al Mansoori, TDIC’s chairman of the board, said: “We are pleased to announce the awarding of the main contract for Mamsha Al Saadiyat, which will further strengthen Saadiyat’s appeal as a destination of choice. We have already received increased interest for this unique project during our recent participation in Cityscape Abu Dhabi, given its ideal location in the Saadiyat Cultural District and close to the iconic museums.”
Work on the development’s foundation has been completed by Nael & Bin Harmal Hydroexport (NBHH) and included excavation, shoring, dewatering and piling works.
Mamsha Al Saadiyat, a 1.4km beachfront mixed-use project, will offer residents a luxurious beach-inspired lifestyle as well as easy access to retail, dining and entertainment features; minutes from the heart of Abu Dhabi’s future cultural hub, featuring three museums: Louvre Abu Dhabi, Zayed National Museum, and Guggenheim Abu Dhabi.
The development will feature nine low-rise residential buildings with a total number of 461 units, of which 414 are apartments ranging from one to four-bedroom apartments as well as five-bedroom duplex penthouses and 47 townhouses.
The complete project, which will be developed in phases, will also encompass a serviced-apartment building and a retail destination offering approximately 5,000 square metres of leasable area, for both retail and dining outlets.
Future residents of Mamsha Al Saadiyat, who will be the first residents of the Saadiyat Cultural District, will benefit from access to a wide range of hospitality, leisure and retail offerings currently available on the island.
These include access to a 1.4 km promenade with specified walking and cycling paths, direct access to the beach, children’s playgrounds, dedicated parking for both residents and visitors, and a range of retail and dining outlets.