Crescent Bay is a 75-acre (300,000 m2) development featuring high and mid-rise towers for residential and commercial use, a shopping centre and five-star beachfront hotel in Karachi, Pakistan. Launched on May 31, 2006 as part of a US$2.4 billion investment in Pakistan by Emaar properties. The towers will contain approximately 4,000 residential apartments. The projects, will include a series of mas
ter planned communities that will set new benchmarks in commercial, residential and retail property within Pakistan. Crescent Bay, located within Karachi's DHA Phase 8 and close to the DHA golf course, will also offer individual architectural styles for each tower within the development. Crescent Bay 1 will feature a hotel at the northernmost tip of the property, fronted by a long stretch of public beach. A unique mall and waterfront promenade and piazza, complete with restaurants and an engaging mix of shops and boutiques, will be a major attraction to this bay. Four office towers, surrounded by green spaces, parks and plazas, providing a tranquil environment for business. Planners on the Crescent Bay development are Halcrow International with architects Norr and Holford. The liquidity crisis faced by Emaar Properties in the UAE has had an impact on the timeline for the completion of the project.
