Bahrain's latest development in its luxury real estate sector is Bahrain Bay which is aiming to become the greatest real estate project in the Manama waterfront area. The Bahrain Bay project is set to build up around the Four Seasons Hotel in Bahrain which is the first of its kind in Bahrain. The government is planning this project in a big way and it is speculated to be a unique combination of commercial, residential and retail spaces. Since, the project is so huge, construction would take place in 3 distinct phases within which the first phase will be on land reclamation and infrastructure development and would involve a total land area of 430,000 m 2. The second phase would witness the construction of the Four Seasons Hotel and Arcapita's new global headquarters building. In the third and final phase developments in retail, residential and commercial sub-projects would be underway. A total of 1.1 million m2 of land area is speculated to be covered under this Bahrain Bay project.
Some very reputed international Realtors and architectural companies are involved in this prestigious Bahrain Bay project. Some such names include Skidmore and Owings & Merrill. All such important and reputed global companies are working towards giving Bahrain Bay a very ultra-modern image which will flaunt state-of-the-art architecture. The Four seasons Hotel which will be the center icon of this massive project is touted to be the tallest building in Bahrain. Arcapita's headquarters too will be a sight to watch out for as it will be one-of-a-kind to provide 18,000m2 for being utilized as an office.
The Bahrain Bay project has gained special significance in the eyes of the government of Bahrain because it is close to the eastern province of Saudi Arabia and also will enjoy a prime position in Bahrain's capital, Manama. All these would make it a very viable living option in the eyes of customers. As expected, the project is already garnering a lot of attention from around the world.
