Phase 2 of Kizard Logistics Park to begin
Contractors for the second phase of Kizard Logistics Park (KLP) will be appointed "in the next two to three weeks", reported Charles Acworth, acting vice president of project development at Kizad.
Construction will commence shortly and the phase is due for completion by February 2015.
The first phase of KLP, which covers an area of over 40,000m2 with standard warehouse units of 1,133m2, was recently delivered by System Construct as part of a AED100mn ($27mn) contract and the Estidama-rated warehouse units are in the process of being handed over to tenants.
Thirty four out of the 41 units have been pre-leased and Acworth expects this to reach 100% before mid-2014.
The biggest deal was made with Agility, which leased 10 warehouses. Other companies include United Printing & Publishing, Protect Middle East, Al Sabah Foodstuff, Creative Communication, Galaxy Building Materials Trading, Back Office Logistics and Oriental Fasteners.
Each warehouse is equipped with easy access loading docks for trucks, docked floor levels and a seven meter clear open space to eaves, as well as a dedicated loading yard with ramp access for forklifts and ample on-site parking. Additionally, each unit has its own office area with toilets and kitchenette.
The KLP, a development of Abu Dhabi Ports Company, will provide an overall area of 118,965m2 after the completion of the three phases.