Arada has announced the launch of Arada Central Business District (CBD), a new commercial centre for Sharjah, which will be located at Aljada, the company said in a statement on Monday.
The move is part of the company’s efforts to contribute to the emirate’s growing economy which is projected to grow at 5 percent annually for the medium term, according to Oxford Economics.
“Arada CBD is aligned with Sharjah’s vision to position itself as a leading business hub, attracting companies of all sizes and talents from across the UAE and beyond. The launch of Arada CBD fulfils our promise to provide a transformational urban experience where residents can work, live and play,” Arada chairman Sheikh Sultan bin Ahmed Al Qasimi said.
The office park, which spans over 4.3 million square feet, will feature leasable office spaces across 40 blocks and can accommodate 20,000 workers.
Conceptualised post the coronavirus pandemic, Arada CBD “takes the best features from the most prominent business parks from around the world and combines them in a perfectly designed location that is specifically geared to support the workforce of tomorrow,” the company’s vice chairman Prince Khaled bin Alwaleed bin Talal said.
The office park’s signature feature will be the ‘green spine’, a forest park that runs the length of the district, containing shaded walkways, an amphitheatre, art installations, seating areas and spaces set aside for activities as well as quiet reflection, the statement said.
“All external green spaces and indoor trees and plants are fed using recycled water from Aljada’s onsite treatment plant.”
Aljada’s free electric public transportation system can be accessed by workers. An e-scooter and bicycle rental system will also be implemented, and workers can even charge their vehicles.