Al Hamad Commercial Center
Mirqab - Kuwait
Al Hamad Commercial Center is located in the heart of Kuwait City adjacent 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, starting with the formulation of the development brief and associated feasibility studies, full A&E design and permitting, award to contractor, all through the actual construction and commissioning of the project with limited asset management responsibilities.
Market research and feasibility studies clearly favored a phased development of the project, calibrating CAPEX with occupancy and revenue. 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 podium and two basement floors dedicated for parking and MEP services. The ground floor and first mezzanine levels house F&B and retail. 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 22,636 sqm. Provision is made for a second phase consisting of a 32-story office tower with a BUA of 26,454 sqm, thus bringing the total BUA of the project to 49,090 sqm. In addition, the project features 6,280 sqm of landscaped area.