ABU DHABI, 9 April 2007 — The UAE capital’s Tourism Development & Investment Company (TDIC), which manages the tourism assets of the Abu Dhabi Tourism Authority (ADTA), has partnered with Abu Dhabi’s Al-Farida Investment Co. L.L.C. for an AED500 million hotel, apartment and shopping center which will transform the area around Zayed Sports City — the largest sports stadium in the UAE and host to major international events.
The 5-star complex, known as “Bridgeway at Zayed Sports City”, will boast a 306-room, 11-storey hotel, 146 serviced apartments, 91 residential apartments, a health club, conference center, as well as a ground floor shopping center with 6,000 square meters of retail space and a food court. It will be served by 600 underground car parking spaces, in addition to ample surface parking.
Spanning some 101,200 square meters, the complex, which is due for completion in the fourth quarter of 2009, will be clearly visible from the capital’s Airport Road, yet overlooking nearby public gardens, and will serve as one of the UAE capital’s fastest-growing residential areas.
“This partnership is another example of private sector support for Abu Dhabi’s tourism ambitions and for providing the necessary infrastructure to progress them,” said Sheikh Sultan ibn Tahnoon Al-Nahyan, chairman of both ADTA and TDIC.
The hotel will be managed by a yet to be appointed international operator.