Ground-breaking in Early 2010 Marks Commencement of Construction Work on Bloom Gardens; Phase-I Delivery Scheduled for Q3 Next Year
Abu Dhabi: 18 April, 2010 – Bloom Properties, the Abu Dhabi-based developer of property and lifestyle solutions, today announced it will mark its third consecutive participation at Cityscape Abu Dhabi 2010 with the launch of ‘Bloom Central’, its latest mixed-use project that is set to offer a 315-key five-star business hotel, 64 serviced apartments, and 49 two-three bedroom residences. The development will also add 7000 sq metres of office space to the capital.
Bloom Properties’ stand will be located in Hall No.5 during Cityscape Abu Dhabi 2010 that is scheduled to be held from 18-21 April at the Abu Dhabi National Exhibition Centre (ADNEC). The international real estate investment and development event has established itself as a true platform for developers to engage investors and end-consumers.
Bloom Properties will also showcase its portfolio including two projects that will be completed in 2010, a residential tower in downtown Abu Dhabi, as well as the Noor Residences in Al Ain comprising 26 low rise buildings. The Bloom Gardens project, the flagship development strategically located on Abu Dhabi's Eastern Mangrove Corniche Road will also be spotlighted at the event.
Bloom Properties commenced construction activity on Bloom Gardens with the ground-breaking held earlier this year. Phase-I, that is scheduled for delivery by the third quarter of 2011, will include 123 residential units – a mix of detached villas, town-house villas and semi-detached villas – as well as the Brighton College School, the Abu Dhabi campus for the prestigious British school that will be managed by Bloom Education, a subsidiary of Bloom Properties.
Bloom Gardens will offer residents an exclusive gated community with spacious 3-5 bedroom villas with relatively large plot areas inspired by Italian and Andalusian architecture. A club providing recreational facilities, landscaped pedestrian pathways and ample parking will add to the project’s lifestyle attributes. The financing will be provided by the Abu Dhabi Commercial Bank (ADCB), Abu Dhabi Islamic Bank (ADIB), and the National Bank of Abu Dhabi (NBAD).
Recognising its community-friendly components, Bloom Gardens was lauded in the ‘Best Residential Development - Abu Dhabi’ and ‘Best Residential Development – Arabian Region’ categories in the prestigious CNBC Arabia Property Awards 2009 that honours exemplary real estate projects across the Arab world.
Bloom Properties’ participation in Cityscape Abu Dhabi reflects its commitment to providing an integrated approach to building communities through value-added offerings in education, sports, leisure, health and retail, and by working with best-in-class partners across all projects.
