My City Centre Masdar to open in Q2 2019


February 27, 2019 | By RetailME Bureau

Majid Al Futtaim is set to open its first shopping mall called My City Centre Masdar in Abu Dhabi during the second quarter of 2019.

Work is progressing on schedule at Majid Al Futtaim’s AED300 million community mall in Masdar City, which is set to lead the way in sustainable retail and leisure operations in the UAE capital when it opens in the first half of this year. My City Centre Masdar’s construction has created 1,500 new employment opportunities in its build-out phase, and promises to create over 2,000 new jobs after opening.

“As we progress on developing our first mall in Abu Dhabi, My City Centre Masdar underscores Majid Al Futtaim’s commitment to the capital’s retail sector in line with Masdar City and the UAE’s long-term sustainability goals,” says Ghaith Shocair, CEO of Shopping Malls at Majid Al Futtaim – Properties. “My City Centre Masdar demonstrates the delivery of our strategy to create retail destinations that address the specific needs of the communities we serve, while underscoring Majid Al Futtaim’s sustainability focus by engaging with them to promote an eco-friendlier lifestyle.”

My City Centre Masdar aims to achieve Abu Dhabi’s Estidama Three Pearl rating, making it one of the UAE’s most sustainable shopping malls. The capital’s rating system is equivalent to the LEED Gold rating for exceptional performance in energy and water conservation.

My City Centre Masdar will feature more than 70 stores, spread across approximately 199,130 sqft of gross leasable area. The portfolio will include a 75,345-sqft Carrefour Hypermarket and a variety of dining options for both residents and professionals within Masdar City and surrounding communities.

“Masdar City is growing at an unprecedented rate and is a community that is now home to more than 600 businesses and thousands of residents, with new offices, homes and leisure facilities all currently under development,” adds Mohamed Jameel Al Ramahi, CEO of Masdar. “We expect the number of people living within the city to triple by 2020 in line with our ambitious growth plans. My City Centre Masdar is a valuable addition to our retail portfolio and has been developed in accordance with our stringent sustainability regulations and requirements.”

The new mall is centrally placed within the planned Masdar City transit network, adjacent to the Masdar City’s proposed metro station and within 300 metres of the nearest proposed light rail transit and bus rapid transit stops. The mall will also be connected by public buses, with plans in place to utilise the autonomous, electric vehicle Navya connecting the mall with other locations within Masdar City. Electrical vehicle owners will have access to 18 charging points and a number of priority parking spaces for vehicle-sharing services. To encourage healthier lifestyle choices among residents, My City Centre Masdar will also offer bicycle parking facilities near all entrances of the mall.

Comments

comments

Previous Article Next Article

YOU MAY ALSO LIKE /



UAE-based Carrefour announced its theme and plans for Ramadan 2021. The brand 

Continue Reading

March 31, 2021 | By RetailME Bureau

Locally owned supermarket Spinneys celebrates 60 years of doing business in the 

Continue Reading

March 9, 2021 | By RetailME Bureau
Almarai, Carrefour, Emirates have the most loyal customers

UAE-based Carrefour will become the first retailer in the region to offer new levels 

Continue Reading

February 22, 2021 | By RetailME Bureau

The Organic Farmers’ Market is back in Bay Avenue for its 12th 

Continue Reading

February 17, 2021 | By RetailME Bureau

UAE-based  Lulu Group recently inaugurated its first-ever all-female staff store in Jeddah, 

Continue Reading

February 15, 2021 | By RetailME Bureau
Jones the grocer

Jones the Grocer, the gourmet grocer and cheese retailer launches the Jones 

Continue Reading

February 1, 2021 | By RetailME Bureau

UAE-based Al Maya Supermarkets is hosting a two-week food festival at select 

Continue Reading

January 17, 2021 | By Lawrence Pinto

Locally-owned supermarket Spinneys has launched its ‘Power of Plants’ initiative in the 

Continue Reading

January 17, 2021 | By RetailME Bureau
Cookit

Carrefour UAE has launched “Cookit Yourself” — a curated recipe box created 

Continue Reading

January 5, 2021 | By RetailME Bureau
Al Islami Plant-Based Burger

UAE-based Al Islami Foods, one of the largest frozen food companies in 

Continue Reading

January 3, 2021 | By RetailME Bureau
Marks & Spencer's plant-based range

Marks & Spencer’s plant-based range now offers over 25 vegan products including meat-free 

Continue Reading

December 23, 2020 | By RetailME Bureau

World’s largest fully integrated online brand in fresh fish and meat e-commerce 

Continue Reading

December 14, 2020 | By RetailME Bureau




Download Images RetailME Magazine