Home Industry Mega waterfront development planned for Sharjah The mixed-use development will feature its own theme park and is estimated to house 200,000 residents when complete by Aarti Nagraj August 27, 2015 A new mega waterfront city that will be able to house 200,000 residents upon completion has been planned in Sharjah, according to its developer. Spread across 36km of coastline, the Sharjah Waterfront City project is slated to become the emirate’s largest commercial, residential and tourism development with a total area of around 60 million sqft. The development will include 10 islands connected by canals and bridges and also feature its own water theme park called Crystal Lagoon, spread across 1.5 million sq ft. The first phase of the development, which will include mixed-use towers and hotels, will reportedly cost Dhs 9.35bn, its developer, Sharjah Oasis Real Estate told local media. Construction will begin in the fourth quarter of 2015 with phase one expected to be completed in the third quarter of 2018. Further details of the project will be revealed during the Cityscape exhibition in Dubai next month. Sharjah Oasis Real Estate’s president Hayssam El Masri told reporters that he expects the development to “change the face” of the emirate’s tourism landscape. The new project also seeks to support Sharjah’s 2021 vision, as part of which the emirate aims to attract 10 million visitors by 2021. Sharjah has been seeing a spate of new mega project launches this year – last month, Sharjah Investment and Development Authority (Shurooq) announced plans to develop a major leisure attraction in Dibba Al Hisn, one of the emirate’s exclaves that is located close to Fujairah and Oman. The project will feature a water canal, restaurants and cafes, a movie theatre, children’s playgrounds and other amenities. Earlier this year, Shurooq also launched Al Noor Island, a massive leisure island project that is located in Khalid Lagoon. Valued at Dhs 80m, the island will consist of a Butterfly House that will house 500 species of butterflies, a Literature Pavilion, a children’s playground and an egg-shaped OVO art sculpture. 0 Comments