Imkan, the globally reputed property developer renowned for creating soulful places that enrich people’s lives, is inviting investors and businesses to explore the leasing and investment opportunities that will be available in Sheikha Fatima Park.
Hand-in-hand with its strategic partner, Abu Dhabi Municipality, Imkan is developing the inner-city community green space in Khalidiya district.
The redesign is set to transform the area into a dynamic destination for all ages; while becoming Abu Dhabi’s premier urban park with open-air leisure and entertainment, said the statement from the Abu Dhabi developer.
In alignment with the Abu Dhabi Economic Vision 2030, which outlines a strategy for reduced reliance on the oil sector as a key source of economic activity over time, Imkan is focused on strengthening the emirate’s economic vision and in solidifying its footing as the region’s investment haven.
The Sheikha Fatima Park encompasses an area of 46,000 sq m, which is inclusive of an adventure zone, and a section devoted to women and children.
The project’s timely commencement coincides with regional and global businesses increasingly looking towards Abu Dhabi for stronger investment opportunities, it stated.
The Park is strategically located at the corner of Al Bateen Street and Zayed the First Street, offering close to 10,000 sq m of leasable space for businesses to provide their unique services in a picturesque setting, said the Abu Dhabi developer.
Avenues for collaboration and investments are available in commercial, retail and leisure segments, it added.
According to Imkan, the food and beverage units, offices and clinics are designed with the flexibility to expand and with the option of having terraces surrounded by park vistas and overlooking event plazas, green activity spaces and tranquil open lawns.
By using Imkan’s unique approach to community building and an emphasis on encouraging active wellness, Sheikha Fatima Park will provide a trendy urban walkable environment catering to co-worker office spaces, sports and wellness facilities, outdoor event concepts and leisure activities.
Additionally, the park will be a draw for families and members of a long-standing community who will return to the park to explore the varied new attractions and events hosted there, including pop-up movie screenings, yoga and Pilates’ classes and art fairs to name a few, it added.
Imkan CEO Walid El Hindi said: "Sheikha Fatima Park will not only benefit the physical health and wellness of this community, it is also a platform for businesses. We will be considering offers from groups that complement our ethos of creating soulful places that enrich people’s lives."
"Our research-led approach has enabled us to develop the ideal urban green space that will focus on promoting mental, physical and spiritual health equity, and we want the outlets who operate in Sheikha Fatima Park to promote these values," he noted.
"It is also a great opportunity for start-ups and SMEs seeking flagship market positioning - it's all part of revitalizing the community with what will be a robust center of activity. We encourage local regional and global businesses to join us on our journey and be a part of this story," he added.
Construction at site is led by Al Fara’a Engineering, one of the most established groups in the region.
The project is also supported by Arcadis; a leading multinational cost and project management consultancy firm, along with Cracknell, the globally renowned landscape design solutions provider.
With the aid of these partners, Sheikha Fatima Park is well underway and on track for completion in the fourth quarter.-TradeArabia News Service
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