TDIC prepares to build homes in museum quarter of Saadiyat Island

By Lucy Barnard  http://www.thenational.ae

Tourism Development & Investment Company, the government-owned developer of cultural and residential projects in Abu Dhabi, is preparing to build its first homes in its multibillion-dirham museum quarter on Saadiyat Island.

With Abu Dhabi’s Louvre museum scheduled to open in 2015, followed by the Zayed National Museum in 2016 and the Guggenheim museum in 2017, and a luxury shopping mall set to be developed between them, master developer TDIC said it was pressing ahead with plans to build hundreds of homes in the area.

TDIC plans to build low-rise apartments blocks along a 1.5 kilometre beachfront close to the 550-store luxury mall it is jointly developing with L Real Estate, a property development and investment fund sponsored by Louis Vuitton.

A current model, exhibited by TDIC this week, shows 12 apartment blocks of two or three storeys stretching along the beach from the Guggenheim to the new Cranleigh school campus, which is due to open next year, and the Manarat Al Saadiyat exhibition space. However, TDIC said that these designs were likely to change over the coming weeks. More info

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