#U/C-Seef: "BAHRAIN BUSINESS PARK" | 2 x 22F , Off-Res

5138 Views 15 Replies 10 Participants Last post by Adel, Mar 16, 2009

XP

Discussion Starter · Jun 19, 2007

Location: Bahrain, Seef District, just next to city Centre
Developers: Grand Real Estate Company (Kuwait)
Financial Partner: Investors' Bank (Al Mustathmeroun Bank) - Bahrain
Components: 22 floor Commercial Office Tower & Residential Tower
Land Area: 34,000 Sqm
Cost: BD 30 million

Bahrain Business Park project, to be located in Al-Seef Area - Kingdom of Bahrain. The proposed project is Business Park Development adjacent to the Sea from the north. The plot of land is approximately 34,000 m2 and consists of two plots separated by a road. The project will consist of two towers linked by a bridge structure on the top level each of 22 story high, one tower housing offices, the second tower is residential apartment's. The business Park project is of a High-Tech and smart building. (Grand Company -Kuwait - Website)

Supporting: Al Waqt Article

Supporting: Al Watan News Article

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1 - 16 of 16 Posts

kasy boy

· #2 · Jun 22, 2007

Interesting design

Adel

· #3 · Oct 31, 2007

Piling has started for this project, location is right after the traffic light when you pass City Center heading to Citibank, two plots on the left and right.

Bahraini Spirit

· #4 · Nov 17, 2007

I love this project, bit of Vegas in Seef.

Adel

· #5 · Nov 18, 2007

This is one project I thought will never be built, good they got approval for it.

bahraini_87

· #6 · May 2, 2008

by mohammed :

..

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TheRedofBahrain

· #7 · May 10, 2008

Bahraini Spirit said:
I love this project, bit of Vegas in Seef.

My thoughts exactly.

B-Patriot

· #8 · Sep 5, 2008

When will construction start... One of the sites has a couple of construction machines or something... and a couple of pillars... But nothing much seems to be happening, i don't get it..

Adel

· #9 · Sep 5, 2008

The piling work is finished, and I think they're in the process of assigning the building contractor.

The chairman of the developing company passed away two months ago, I think this may have something to do with the delay.

leetroy

· #10 · Sep 7, 2008

any updates

Adel

· #11 · Nov 4, 2008 (Edited)

This project is on hold. The developer (Grand) has big liquidity problems, and I heard rumours the plots are for sale.

http://www.grandq8.com/

brn4ever

· #12 · Nov 4, 2008

terrible news,,, i thought this project was designed brilliantly ,, especially with the bridge on the top

flippylen

· #13 · Mar 16, 2009

hi. is there any new update on the project or is this still on hold?

Adel

· #14 · Mar 16, 2009

^^^^ Still on hold. Grand doesn't have the cash or bank facilities to go ahead with the project. I heard they tried to sell the land to Al Futaim (City Center) but he did not give them a price near their asking price.

flippylen

· #15 · Mar 16, 2009

thanks for the immediate reply.

i've been contacting the client but no one is picking up and the consultant does not want to say anything.

Adel

· #16 · Mar 16, 2009

^^ Try these numbers
P.O. Box 2734, Safat 13028
Telephone: +965 2495599
Fax: +965 2495125 / +965 2495130
E-mail: [email protected]

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