$23m eight-tower project announced
http://gulf-daily-news.com/Story.asp?Article=168774&Sn=BUSI&IssueID=29317MANAMA: A $23 million development including eight towers, each nine storeys high, was announced by real estate developer RealCAPITA yesterday.
The contract for the project was awarded to Arabian Architecture.
Real Residence will be one of the first real estate projects developed in the newly-zoned Hidd area.
RealCAPITA development director Mohammed Dhaif said that each tower will consist of ground and mezzanine parking and six floors of apartments, with the top floor dedicated to leisure facilities.
Other recreational facilities available are saunas, steam rooms, swimming pool, Jacuzzi and a gymnasium.
Arabian Architecture executive vice-chairman Adham Nabeel said that Real Residence will be the second project to bring both RealCAPITA and Arabian Architecture together, the first being a 55 villa compound in Al Jasra called Real Gardens.