Emirati Developer to Build Luxury : The project is set to be completed in five years and to create 1,100 direct and indirect jobs.
Abu Dhabi-based real estate developer IMKAN has announced plans to build a multi-use luxury complex on Rabat’s corniche. The project has a budget of MAD 1.5 billion ($155 million).
The complex is IMKAN’s largest project on the African continent.
Known as “The Carrousel,” the project will be spread over an area of 10.5 hectares, half of which will be dedicated to green spaces. The project is set to be completed in five years.
The 10-hectare oceanfront project will include a five-star hotel with 123 rooms, conference rooms, a residential complex, and a 33,000 square meter shopping mall with a capacity of 120 units.
The residential complex, called “Le Phare du Carrousel,” will be made up of luxury apartments and penthouses.
The hotel, “The Carrousel Business Art,” will boast gourmet restaurants and a spa and wellness center with an ocean view.
Rabat’s new dynamic destination is projected to create 1,100 direct and indirect jobs.
Designed by international and national architectural firms, the Carrousel will be only 15 minutes away from the highway.