PHOTO
06 March 2017
By Megha Merani
A new 78,500 square metre (sqm) mixed-use retail project being developed by Dubai-based Al-Futtaim Group will include the emirate's second Ikea store, it was announced on Monday.
The mall is expected to open in the first quarter of 2019 and will comprise around 55,000 sqm of leasable retail space and a 30,000 sqm IKEA store. There will be around 100 retail stores available for leasing as well as a food court, a large hypermarket and an Al-Futtaim ACE hardware store. The mall will have more than 2,000 parking spaces.
"The main construction contract will be awarded within the next three months," Steven Cleaver, director for shopping centres in the UAE at Al Futtaim Group Real Estate, told Zawya Projects on the sidelines of a press conference.
The mall is part of phase one of the 15 million square foot wasl Gate master development owned by wasl Properties, a subsidiary of wasl Asset Management Group. It is located close to the Energy station on the Dubai Metro Red line.
To read the full report by Zawya Projects click here.
© Zawya 2017
By Megha Merani
A new 78,500 square metre (sqm) mixed-use retail project being developed by Dubai-based Al-Futtaim Group will include the emirate's second Ikea store, it was announced on Monday.
The mall is expected to open in the first quarter of 2019 and will comprise around 55,000 sqm of leasable retail space and a 30,000 sqm IKEA store. There will be around 100 retail stores available for leasing as well as a food court, a large hypermarket and an Al-Futtaim ACE hardware store. The mall will have more than 2,000 parking spaces.
"The main construction contract will be awarded within the next three months," Steven Cleaver, director for shopping centres in the UAE at Al Futtaim Group Real Estate, told Zawya Projects on the sidelines of a press conference.
The mall is part of phase one of the 15 million square foot wasl Gate master development owned by wasl Properties, a subsidiary of wasl Asset Management Group. It is located close to the Energy station on the Dubai Metro Red line.
To read the full report by Zawya Projects click here.
© Zawya 2017
