Bahrain resort eyes $132m new complex
Manama, December 2, 2007
Developers have applied to build a new BD50 million ($132.1 million) apartment and leisure complex at Al Bander Hotel and Resort, in Sitra.
The project, which is now being studied by the Central Municipal Council's technical committee, has already received initial approval from the council.
The 22-storey, three-tower project would be built on an area of 149,123 sq m and include 182 apartments, as well as parking for 182 cars on the first two floors and outdoor car parks.
It will also include leisure areas, swimming pools, a health club, multi-function hall, games hall, cafes and restaurants.
The council has agreed to fast track its review of the project based on a request of the investor, who hopes to license it as soon as possible.
Committee chairman Radhi Amman said that his committee members were expected to take a final decision tomorrow.
"We want to ensure that all technical requirements and standards are fulfilled before the council votes on it again," he said.
"The new project would certainly be a boon to the current successful Al Bander Hotel and Resort. We are trying our best to have the new investment approved without any complications.
"It would certainly increase tourism in the Central Governorate, considering that Al Bander is a popular destination for many Gulf families who come here to enjoy their weekends or holidays.
"The towers are a continuation of accommodation services being offered from chalets to villas, and having apartments would provide another option for families going to the place." -TradeArabia News Service