Aldar to build $68m park in Abu Dhabi

Aldar Properties, a leading property developer in Abu Dhabi, has announced plans to build a new 1,000,000-sq-ft public park on Reem Island at a cost of Dh250 million ($68 million). It is due to be completed next year. Situated in the heart of its master planned community on Reem Island, Aldar is reinventing the park experience in Abu Dhabi featuring a 2,000 worshippers’ mosque with serene reflective pool, F&B (food and beverages) outlets, retail centre, a skate park, play areas, and interactive water features throughout. The Abu Dhabi developer said the park offers a modern space in the capital for shopping, entertainment and leisure. In supporting Emirati entrepreneurship, Aldar will allocate a dedicated space within the park’s retail offer to local businesses. CEO Mohamed Khalifa Al Mubarak said: "We are proud to invest Dh250 million to launch this new park and create a space that will benefit so many of Abu Dhabi’s residents and visitors upon its completion next year." "This park fits well within our strategy to create dynamic, amenity driven lifestyle destinations across our landbank in Abu Dhabi. With a retail element that will seamlessly blend a waterfront environment with urban vibrancy, the park will provide yet another leisure and entertainment option for everyone in the area," he noted. Built on tiered levels creating a natural progression from high to low, the park will boast a variety of attractions and amenities that lead down to a natural waterfront, including a 4-km promenade, providing visitors with edutainment opportunities about the area’s natural reserves and plant life,