FIRST BAHRAIN APPOINTS ALGHANAH GROUP FOR SEEF PROJECT
First Bahrain Real Estate Development Co. today announced the appointment of Alghanah Group for the construction of their upcoming retail project in Seef.
Building on the success of El Mercado, First Bahrain’s mixed-use retail and residential project, the company is now activating its holdings in Seef area with another open-air commercial project. The new development is the first phase of a project which will feature over 79 thousand square feet of premium retail space, built on 114 thousand square feet of land just across the street from the City Centre Mall. Designed to serve the surrounding residential area, the site will feature a mix of cafes, restaurants, entertainment, and retail shops that will offer a unique experience through a mix of drive up and drive thru outlets featuring terraced views and outdoor seating.
“We chose the Alghanah Group because of their enduring reputation for excellence and their diverse project portfolio. This signature project in a high traffic location is key to our reputation so we needed a contractor with whom we could rely upon to implement our vision. We are certain they are the perfect partners to bring this project to life.,” stated Omar Altemiemy, Chief Executive Officer of First Bahrain.
“We are very happy to be partnering with First Bahrain on their new project in Seef. Our team has already started construction on site and we are quite pleased with the progress. Our approach will deliver a unique project with services that will hopefully complement the area,” shared Mohamed Alghanah, Managing Director of AlGhanah Group.
Located along Road 2819, in between a group of new residential towers, the project will provide up to 38 units ranging in size from 300 to 2300 square feet of leasable area. The offerings will include food & beverage, entertainment, and services. Leasing inquiries for the units are now being received by the sales team at First Bahrain. Project construction has already begun with completion scheduled for Q3 2020.