Bahrain Bay

Helping to write the story of Bahrain’s tomorrow,
a joint venture between Arcapita and a Bahrain-based consortium of investors, Bahrain Bay is a luxury waterfront mixed-use development spanning
1.45 million sqm.

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APPROACH

From the outset, the founders of Bahrain Bay aimed to create a unique 21st century metropolis, ethically and sustainably designed to be a center of excellence and a true investment destination. For this vision to come to fruition, talented and reliable partners have been attracted at every stage. Skidmore, Owings & Merrill LLP, one of the most influential architecture, interior design engineering and urban planning firms in the world drew up the initial master plan and a joint venture with European energy services company, Veolia, was established to supply district cooling for the entire development in the most sustainable way possible. Moreover, beautification was considered at every stage with renowned local landscapers Nass developing Bahrain Bay’s promenade. Cultural considerations and tourism potential have been factored in through partnership with the Bahrain Authorities for Cultural and Antiquities (BACA) and the Bahrain Tourism & Exhibition Authority (BTEA). Bahrain Bay has since been a favored location for the annual Sea Festival that pays homage to the Kingdom’s rich seafearing heritage, family events such as the Food Festival, music concerts featuring renowned, international artists such as UB40 and Sir Tom Jones to name a few.

 

KEY FACTS

Acquired 2005
Status Exited 2018
Sector Real Estate
Country Bahrain
Web www.bahrainbay.com

 

“As Bahrain Bay’s major shareholder, Arcapita has helped to build a modern metropolis and created a legacy for future generations. We are proud to have Arcapita as our partner for this development.”

Gagan Suri
CEO Bahrain Bay Development