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Tue 26 Jan 2016 01:43 PM

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UAE's Bloom says work starts on mixed-use Saadiyat project

Park View development which will feature residential, retail and Abu Dhabi's first sky pool is set for 2017 completion

UAE's Bloom says work starts on mixed-use Saadiyat project
Bloom Gardens, one of the companys developments. (For illustrative purposes only)

Abu Dhabi-based real estate developer Bloom Holding has announced that enabling works has started within Park View, a mixed-use development taking shape in the university neighbourhood of Saadiyat.

Bloom said in a statement that it has awarded the enabling works contract to Gulf Foundation which is expected to complete the works by April while all main works on the project are set for completion by September 2017.

The announcement follows Bloom Holding's launch of Park View on the opening day of Cityscape Abu Dhabi 2015.

The residential component of the Park View development will include a total of 234 residential units ranging from studios to two-bedroom apartments.

Upon completion, the development will also include 217 furnished and serviced hotel apartments featuring studios, one and two bedroom executive apartments.

The development will also comprise commercial and leisure facilities including retail outlets, restaurants, Abu Dhabi's first sky pool 30 metres above the ground, a gym and a fitness centre.

Sameh Muhtadi, CEO of Bloom Holding, said: "We have assigned Gulf Foundation to implement the enabling works of this important project that requires extensive experience and highly qualified team to ensure the quality of our development. We are pleased to have met this milestone on schedule as per our commitment to our investors"

Bloom Holding, a subsidiary of National Holding, has an established and growing portfolio of projects within the UAE, the MENA region, Europe and the United States.

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