TDIC partners Abu Dhabi's Al Farida Investment Co. for hotel, apartments and mall complex

    Dumped value of 'ID':
'116064';

Dumped value of 'images_loop':
[
    {
        'caption' => 'His Excellency Sheikh Sultan Bin Tahnoon Al Nahyan, Chairman of both ADTA & TDIC, and His Excellency Sheikh Hamed Bin Ahmed Al-Hamed, Managing Director & C.E.O., Al Farida Investment.',
        'col' => 'picture',
        'name' => 'tdic.jpg',
        'url' => '/0/38180-tdic.jpg'
    }
];

The 5 star complex, known as 'Bridgeway at Zayed Sports City', will boast a 306 room, 11-storey hotel, 146 serviced apartments, 91 residential apartments, a health club, conference centre as well as a ground floor shopping centre with 6,000 square metres of lettable retail space and a food court. It will be served by 600 underground car parking spaces, in addition to ample surface parking.

Spanning some 101,200 square metres, the complex, which is due for completion in the fourth quarter of 2009, will be clearly visible from the capital's Airport Road, yet overlook nearby public gardens, and will serve one of the UAE capital's fastest-growing residential areas.

'This partnership is another example of private sector support for Abu Dhabi's tourism ambitions and for providing the necessary infrastructure to progress them,' said His Excellency Sheikh Sultan Bin Tahnoon Al Nahyan, Chairman of both ADTA and TDIC.

'The private sector has realised the investment potential of Abu Dhabi's hospitality segment which is now recording some of the world's highest occupancy levels.

This development will assist us in attaining our goal of adding another 4,000 rooms to the capital's hospitality stock in the next three years.'

Crowned by a fabric tensile roof running throughout the project, the complex will be distinguished by a unique signature design and architecture.

The hotel will be managed by an international operator yet to be appointed and features a 41 metre-high glazed atrium with a suspended oyster lounge, all-day dining restaurant, 42 square meters standard rooms, junior and executive suites and a ground-floor cigar lounge. It will boast a business centre, convention & banquets facilities for 350 delegates, as well as three meeting rooms with a total auditorium capacity of 250 seats. The health club will have both indoor and outdoor swimming pools, squash and tennis courts and a gym.

The park-view apartments tower will offer a mix of 146 serviced apartments, 54 of which are studios and 92 one-bedroom units, in addition to 91, two bedroom, long term rental apartments.

'This development responds to pent-up demand within Abu Dhabi for quality hotel and residential accommodation. Al Farida Investment has extensive experience in the hospitality and retail industries with four key properties in its existing UAE portfolio and three new developments underway in Abu Dhabi. We are confident this expertise will be brought to bear in delivering a project of international standards,'

said His Excellency Sheikh Hamed Bin Ahmed Al-Hamed, Managing Director & C.E.O., Al Farida Investment.

'Our market research has shown there is strong demand within the capital for studio and one-bedroom accommodation. The planned lay-outs of the complex reflect our desire to meet this requirement, while ensuring the delivery of superior quality standards and services to Abu Dhabi's corporate and leisure travellers.

'The business travel sector is expected to represent the primary target for the complex given its proximity to Abu Dhabi International Airport, the Abu Dhabi Golf Club, the new Abu Dhabi National Exhibition Centre and it being less than 20 minutes drive from the city's main business district.

'At the same time, the expanding residential area surrounding Zayed Sports City will benefit from having a modern shopping centre and leisure facilities within easy reach of residents' homes,' added Sheikh Hamed.

'We intend for this development to be a peaceful retreat from the city as the project grounds will be dotted with landscaped gardens and water features, while the oyster restaurant and lounge will offer breathtaking, 360 degree views of Abu Dhabi.'