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Thursday, December 3 - 2009

Final details added to The Lagoon Bahrain

A leading retail consultant has been commissioned by Abu Dhabi Investment House (ADIH), the developers of the pioneering commercial freehold development, The Lagoon Bahrain, to help craft the retail mix at the landmark, waterside project.

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  • Michael Lawrence, ADIH's director of real estate.
    Michael Lawrence, ADIH's director of real estate.
UK-based Retail International, reputedly one of the world's top retail consulting firms, has completed a blueprint plan to ensure that the retail offering at the Lagoon Bahrain is both balanced and sustainable, when the retail and leisure development on Amwaj Islands opens in September 2007.

Michael Lawrence, ADIH's director of real estate, said that the consultants have given invaluable insight: "This is a very well considered report which will help ensure that we get the balance and mix right for the customer, a task which is always more complicated than it perhaps sounds.

"From the outset everything has been designed with the customer in mind, however the report has identified certain enhancements to ensure the safest, most productive and enjoyable time at The Lagoon Bahrain."

He said that the report highlighted how best to utilise the large development, with recommendations such as a spacious canopied area for functions and weddings.

Mr Lawrence also shared that the use of mobile carts for public to get around the development was suggested, as was the addition of 'street' kiosks throughout the area, thus further creating an interactive, activity-filled experience.

"Car parking, which was already rated on our master plan as 'the upper end' compared to other Gulf entertainment and leisure venues, was an area tipped for future expansion, with the consultant suggesting the consideration of additional mezzanine parking to ensure maximum convenience is maintained," said Mr Lawrence.

The report also looked at building materials in relation to the 'sometimes harsh' Gulf climate, while recommending finishes, such as non-corrosive materials due to the extremes of heat, wind blown sand and high saline content of Bahrain's marine climate.

The Lagoon Bahrain is ADIH's third major real estate project, following on from Beirut Gate, a $600million project in the centre of the Lebanese Capital and the recently-launched $3billion Entertainment City in Qatar.

All three projects have witnessed rapid uptake, with almost 90 per cent of Lagoon Bahrain signed to contract and one of Beirut Gate's eight-plots released. Meanwhile, interest in the 50 million shares issued for the first phase of Entertainment City has been rife, according to Mr Lawrence.

He also confirmed that a fourth venture, Sunset Hills in Bahrain's Al Areen area, will be released shortly.
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Log in to request more information from Abu Dhabi Investment House (ADIH)

Notes and media contacts

The Lagoon Lounge sales centre is signposted from Bahrain International Airport and is open from 8am until 5pm between Saturday and Thursday. For more information call The Lagoon Lounge on +973 1 6033222

For further media information contact Euro RSCG Furness for Abu Dhabi Investment House contact Susan Furness on +971 50 6556126, or Ineke Zondag +971 50 6177 039.

AT A GLANCE
Located on Amwaj Islands, off the coast of Muharraq, in Bahrain.

A lively waterfront promenade of top-flight retail and restaurants.

Visitors will have a wide range of outlets to choose from, overlooking magnificent views with easy accessibility for cars and ample parking space.

The total land area is composed of 55,500 square meters comprising eight low-rise buildings, boasting a variety of top-flight shops & restaurants.

The Lagoon will be sold on a full ownership basis to both GCC & Non-GCC investors.

The Lagoon will be completed by September 2007.

A US$ 90 million investment.

The Lagoon will offer new definition to quality lifestyles through its design and full ownership stores and restaurants.

A landmark that has been designed to match the needs of residents of Amwaj Islands and visitors.

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