By Staff writer
GFH Financial Group says mixed-use development will include luxury homes and 'trendy' commercial promenade
Bahrain's GFH Financial Group has announced the launch of a $150 million Harbour Row development which will include luxury homes and a "trendy" commercial promenade.
The company said it has begun site preparation works at the mixed-use project site within the Bahrain Financial Harbour.
Residential units will include waterfront studios, one-bedroom, two-bedrooms, three-bedrooms and penthouses while the project will also feature a promenade offering al fresco dining.
Commenting on the project's progress, Elias Karaan, head of Real Estate Development of GFH Financial Group, said: "The swift commencement of site preparation works at The Harbour Row is a positive development for us and our investors and stakeholders."
He added: "The Harbour Row Development is a unique project in a superior location offering luxurious waterfront living along with a distinctive Al fresco dining experience.
"Once completed, The Harbour Row development will provide a tangible connection to the historic neighbourhood of Bahrain while appealing to residents seeking a contemporary and urban lifestyle."
Karaan said "As we move forward with the construction works at The Harbour Row development, we are confident that we will fulfill our commitment towards the timely completion and delivery of this project." He did not give a date for the completion.
Bahrain's Financial Harbour also comprises the Harbour Towers and Harbour Mall. The Harbour Towers offer in excess of 100,000 sq m in total of grade A office space in two towers over 53 floors.
The Harbour Mall comprises 22,000 sq m of retail space over 6 floors which links both of the Harbour Towers office buildings on the second floor.
Existing tenants include BNP Paribas, Khaleeji Commercial Bank and GFH as well as a number of Ministries including Transport and Social Development. The Harbour Towers also houses international law firms such as Norton Rose, Baker & McKenzie and Al-Tamimi.