Al Hamad Commercial Center is located in the heart of Kuwait City next to Al-Awqaf Building. The center is envisioned as a mixed-use development intended to offer a comprehensive retail experience and modern office spaces within the commercial/industrial urban neighborhood.
AlMutawir is assigned for the full development management scope for the project, which extends from the formulation of the development brief and associated feasibility studies, full A&E design, permitting and award to contractor, all through the actual construction – expected to commence in 2022 – to commissioning of the project and asset management.
Market research as well as feasibility studies clearly favoured a phased development of the project, calibrating CAPEX while maximizing occupancy. Hence, the project is conceived in two phases. The first of which consists of an 8- story office block sitting on a three-level retail base and two basement floors dedicated for parking. The ground floor and first mezzanine levels house F&B and commercial retail designed with multiple modular systems to allow for flexibility and spatial expansion. The second mezzanine level is dedicated to start-up furnished offices for SMEs, in addition to an out-door landscaped event venue. The total BUA of phase one is 9,596 SQM. Provision is made for a second phase consisting of a 32-story office tower with a BUA of 15,355 SQM, thus bringing the total BUA of the project to 26,454 SQM. In addition, the project features 6,280 SQM of landscaped area.
The total BUA of the project is 26,454 SQM
Project duration: 2020-2023
