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The Greater Amman Municipality is pleased to present this opportunity to develop lands located at the eastern gateway to the City of Amman and defined as the Wadi Amman Initiative.
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In the coming weeks, GAM will initiate a transaction process to identify interested parties with the appropriate expertise and qualifications to undertake this Project, and establish a shortlist of qualified proponents who will be invited to respond to a detailed Request for Proposals. |
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The subject parcel of land measures approximately 40 Hectares that comprises the area of developable land in Wadi Amman located east of the Hashemite Plaza through to the Al Yarmuk interchange and bounded by King Abdullah I Street to the south and the Al Jaysh Highway to the north of the site. |
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The particular nature of Wadi Amman divided it into 3 zones:
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Current assessment and massing studies demonstrate the viability of up to 475,000 square metres of development density for a mix of uses including, significant commercial density, retail, hotel and residential development. It remains the objective of GAM to maximize the development opportunity and architectural excellence as a means to revitalize the Wadi Amman. Creative design and a clear understanding of the Amman marketplace will be required in order to achieve these objectives.
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The development in Wadi Amman will be based on Ammans character as a city and build on its role as a gateway from the northeast into the downtown core. Mixed use development will be implemented to maximize the efficient use of the land and its available density. |
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Residential and commercial uses are complemented with street level retail to encourage pedestrian traffic. Transit and transportation systems will be designed to help optimize the expected growth and development in Wadi Amman and the surrounding areas in the City. Throughout the Wadi, open spaces and green spaces are included to emphasize the natural history of the area as well as improving the quality of life of those who will live and work in Wadi Amman and the surrounding areas. |
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GAM will assemble all the parcels in the area of the project as well as service the lands to have them ready for development. The development in Wadi Amman will be given a broad range of flexibility to encourage innovation to achieve the Citys goal in revitalizing the downtown area and creating a pedestrian friendly with extensive street level activity around the clock. |
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Through the Wadi Amman initiative and together with the Master Developer, GAM wishes to accomplish the following objectives |
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Objectives: |
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The objectives of this project include the following: |
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