New urban community space, Sheikha Fatima Park

Abu Dhabi, UAE – IMKAN, the globally reputed property developer renowned for creating soulful places that enrich people’s lives, is revamping what was once a walled and almost secret park in Khalidiya in one of Abu Dhabi’s busiest districts. Developed by IMKAN, Sheikha Fatima Park will be a revitalized, multi-use space and a hive of community-led activities.

The Abu Dhabi-based place-maker, signed a strategic partnership with the Abu Dhabi City Municipality to support sustainable growth in the capital. The two entities have started to transform the existing Khalidiya Ladies Park, located at the corner of Al Bateen Street and Zayed the First Street, into a dynamic destination for all ages.

At the heart of the Sheikha Fatima Park project, is IMKAN’s desire to promote an active lifestyle, encourage wellness, and bring the community together. Their research-based approach is prominent across the IMKAN portfolio and evident in the re-development of this project. IMKAN is redesigning all aspects of the park to encourage wellness and community activities. The result will be a tranquil urban oasis in one of the city's bustling neighborhoods.

Walid El-Hindi, Chief Executive Officer of IMKAN, said: “We are proud of IMKAN’s partnership with Abu Dhabi Municipality to develop the city’s first-ever urban park. The government’s vision and insights are at the core of what we stand for and it is a great honor to be able to combine our ideas, take concepts from the drawing board and use them as a catalyst to transform inner-city communities.”

He added, “At IMKAN we believe in a research-led approach that explores the social behaviors, habits and unique characteristics of the members of this country's collaborative communities. We strive to encourage people to engage with and enjoy outdoor settings - it’s all about promoting mental, physical and spiritual health equity. The benefits of urban green spaces were proven in a study carried out by The World Health Organization*. It showed that parks not only had a positive effect on mental health, but also reduced levels of cardiovascular diseases, and obesity."

Construction at the park, with an area of 46,000m2 is well underway with completion targeted for Q4 2019. Sheikha Fatima Park will consist of an adventure zone, a section devoted to women and children, multiple retail and F&B outlets, activity areas, interactive outdoor and educational zones. There are also 350 parking spaces available along with dedicated facilities for people of determination.

With its prime location and roughly 10,000 sqm of leasable space available for providing one-of -a-kind services in a picturesque setting, the park also offers an attractive opportunity for both regional and global business.

IMKAN is working with Al Fara’a Engineering, who were awarded the main contract for the development of the project. The construction group is one of the region's most established and has been committed to operating in an environmentally and socially responsible manner for over thirty years. Also working as key partners with IMKAN are Arcadis; leading multinational cost and project management consultancy firm committed to sustainable development; and Cracknell Landscaping designers, who are globally renowned for their design solutions.

IMKAN is a place-maker, and as such every community it centers on, is built off the back of extensive research. By studying the distinct social behaviors of specific market segments, the developer is able to grow communities and create soulful spaces that enrich people’s lives. Sheikha Fatima Park will form an integral role in bringing active wellness and community discovery to the city of Abu Dhabi and the people who live there.

For further details, please visit www.imkan.ae/sheikha-fatima-park

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* World Health Organization: Urban Green Spaces and Health. A Review of Evidence. Copenhagen: WHO Regional office for Europe; 2016. Available from: http://www.euro.who.int/__data/assets/pdf_file/0005/321971/Urban-green-spaces-and-health-review-evidence.pdf?ua=1WorldHealthOrganization2016

About IMKAN

IMKAN is an Abu Dhabi-based real estate developer with a portfolio of 26 projects spanning three continents. The company aims to create soulful places that enrich people’s lives.

IMKAN’s proposition is built around a unique research platform that uncovers the distinct social behaviors and habits of specific market segments – from millennials to discerning high-net-worth individuals – to formulate tailored user profiles. This research-led approach enables the company to shape communities that are in tune with the mindset of each profile, thereby adding value for its stakeholders.

IMKAN is a wholly owned subsidiary of Abu Dhabi Capital Group (ADCG). Its key projects include two developments in Makers District – The Artery, a multi-use building that integrates a makers’ space with a parking garage, and Pixel, the company’s first mixed-use destination. Other key developments are Nudra, a luxury beachside villa community; Sheikha Fatima Park, the capital’s first urban park that seeks to enhance community interaction; and AlJurf, the fully integrated second-home destination along Sahel Al Emarat. The pristine development is nestled between Abu Dhabi and Dubai and comprises timeless villas and land plots set in a preserved and natural ecosystem. In addition, the company has big announcements in the pipeline for 2019.

© Press Release 2019