Business & Money | Tuesday 21 April, 2015 5:50 pm |

Abu Dhabi-based real estate developer Bloom Holding, a National Holding company, has launched ‘Park View’, a mixed-use development that is set to take shape on the Saadiyat Island in Abu Dhabi.
The announcement was made as part of Bloom Holding’s participation at the ninth edition of Cityscape Abu Dhabi that got underway today (April 21) at the Abu Dhabi National Exhibition Centre.
Located in the university neighborhood at the heart of the Marina District and across the street from the New York University’s Abu Dhabi campus, Park View will comprise a residential and a hotel apartment building, featuring design and architectural elements integral to urban upscale living.
The residential building will include a total of 234 residential units ranging from studios to two-bedroom apartments. Upon completion, the 188-key hotel apartment building will feature studios, one and two bedroom and executive apartments.
The development will also comprise a wide range of commercial and leisure facilities including retail outlets, restaurants, an infinity edge pool 30 meters above the ground, a state-of-the art gym, and a fitness center
Sameh Muhtadi, CEO of Bloom Holding, said: “Park View will prove the ideal living space for those seeking an exclusive address. The complex when completed will offer seamless access to a wide range of residential, hospitality, leisure and retail destinations. As the name implies, the development will feature panoramic views of the adjacent park and also boast an inner garden. In addition, it will provide an enriching and eco-friendly experience for Park View residents, and ensure their compliance with best-in-class sustainable standards in line with Bloom’s commitment to the environment. The company is among the first developers in the region to provide end-users with comprehensive energy consumption rating data.”
Park View will further enable Bloom Holding to strengthen its market share in high-demand areas such as Saadiyat-Abu Dhabi. The development will offer easy access to the major roads network linking Abu Dhabi’s key tourist destinations including the upcoming museums in the cultural district of Saadiyat, as well as the tourist attractions in Yas Island, all within a five to 10 minute drive.
At Cityscape Abu Dhabi, which runs until April 23, Bloom is showcasing a diversified project portfolio across the MENA region and emerging markets. In addition to Park View, Bloom has on display Stella Maris Tower in Dubai Marina, Abu Dhabi Marina, Bloom Central, Bloom Business Center, Al Ghader and Bloom Gardens.