|01 May, 2019

Red Sea Mall of Jeddah expansion project completed

Gadouri: "The expansion exceeded 300 Million Riyals, for the progressive growth of the retail sector"   

Red Sea Mall of Jeddah expansion project completed

Jeddah: The Red Sea Mall of Jeddah, owned by Red Sea Markets Company Ltd., has announced the completion of the expansion project, which began in 2014, including the smart parking building as phase one, and the expansion of gates 1, 2 and 3 as phase two and the third and last expansion project is the Plaza containing the cinema halls, which was inaugurated recently during a celebration ceremony, attended by representatives from Red Sea Markets Co., the owning company, Intimaa Company, the operating arm, VOX and Majid Al Futtaim Company as well as local business men and media representatives.

Commenting on this achievement, Eng. Al Rayan Gadouri, General Manager of Red Sea Mall, said: "This expansion, which exceeded SR 300 million, is in line with the progressive growth of the retail sector and is designed to meet the needs of the Kingdom's residents and visitors, while contributing towards the Saudi Vision 2030 by adding programs and events that make Jeddah an important tourist center, in addition to reshaping the retail industry by offering a new concept of retail experience”.

He added: “This expansion is in line with the aspirations of the wise leadership, which enabled the retail sector as a drive force to boost the economy. We hope to meet these aspirations and work hard to create an atmosphere that supports this progressive wave of change, while ensuring that the mall is seen as the leading center not only in the Western region, but in the Kingdom and the Gulf region.”

The total area of the new expansion is 8000 square meters that include the cinema and several international retail brands. The new expansion includes a retail space of 500 square meters, and areas for children's entertainment, with an area of 1000 square meters set aside for other facilities and services. The part of expansion project includes seating and a shaded area with a relaxed atmosphere across 1,300 meters along with a 3,800-meter ground floor and 3,900 meters first floor dedicated and luxurious coffee shops.

-Ends-

About Red Sea Mall
Red Sea Mall is one of the largest malls in the city of Jeddah, located north of Jeddah on the King Road, on a building area of ​​280,000 square meters. The total area of ​​lease is 137,583. The center has 521 outlet. A five-star office building, a seven-floor office building for the parent company SEDCO Holding Group, as well as underground and underground parking spaces of up to 3,500 lots, all connected to 19 entrances, making it easy to connect to the mall. In addition, the center has a lift service of up to 34 elevators for tenants to facilitate the transfer of goods and products. The mall has been expanded to include the main gate, consisting of gardens, seating areas and a shaded area at an altitude of 1300 meters, as well as the 3,800-meter-high ground floor to include many restaurants, while the first floor will be 900 meters high, designed for children's entertainment and a range of restaurants. In addition, there will be additional positions on an area of ​​9,000 meters, making the total expansion project stand on an area of ​​18000 square meters. Red Sea Mall has chosen dedicated designers to provide all the services needed for its visitors, so that they can enjoy a pleasant shopping experience through 3 floors with 10 panoramic lifts, 30 elevators and 4 electrical stairs. The mall also has a mix of international and local brands, with a wide range of options for restaurants and cafes. It provides entertainment for young people and children, as the preferred destination for all ages, from young people and families, bringing it to 345,200 visitors per week, while the number of visitors reach 18 million visitors a year.

For more information, please contact:
Alaa Rajeh
Memac Ogilvy Public Relations
Tel: + 966126510704 Ext: 302
E-mail: alaa.rajeh@ogilvy.com 

© Press Release 2019

Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.

The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.

To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.

More From Press Releases