(MENAFN- Khaleej Times) The Abu Dhabi City Municipality has asked the private sector to take part in the transformation of the city's corniche, through a beachfront shopping project.
The W10 F&B Plaza project would be located on the beachfront in block west 10, between two major thoroughfares - Al Khaleej Al Arabi and Sultan bin Zayed.
With over one million people visiting the beach each year, the municipality said the W10 F&B Plaza would enhance visitor's experience by adding underground parking space for 800 vehicles with above-ground space for distinctive high-end retail, food and beverage outlets.
A pedestrian underpass will provide access to the beach.
The W10 F&B Plaza will cater to pedestrians and would not encroach the existing 10,500 square metres of green space, officials said.
Private investors are expected to develop and operate the new plaza using a build-operate-transfer (BOT) arrangement.
The new plaza would play an important role in the continued improvement of one of the city's most popular visitor attractions, according to the municipality's Investment and Asset Adviser for the General Manager's Office Rashid Bin Ali Al Omaira.
"Our aim is to increase the range and quality of public facilities as part of the government's long term programme to provide clusters of services and leisure activities along the prestigious Corniche beachfront €" a location of major significance within Abu Dhabi.
"By reinforcing the Corniche as one of the defining landmarks of the city, visited by over one million people each year, the W10 F&B Plaza development provides an exciting opportunity for the private sector to play a vital part in infrastructure improvements that support the Abu Dhabi 2030 vision," he added.
The Abu Dhabi City Municipality has developed a comprehensive planning strategy to identify the economic and social benefits of the development that will cover an area of over 16,000 sqm.
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