Abu Dhabi-based developer, investment and management company Aldar Properties PJSC has awarded an AED318 million contract for Al Jimi Mall’s refurbishment and expansion works to Pivot Construction Company. This investment is the latest component of Aldar’s recently announced AED3 billion investment strategy.
Al Jimi Mall remains a key retail asset in Al Ain. It is currently fully occupied with footfall of eight million visitors a year and this investment will bring new retailers to Al Ain, while enhancing the overall shopping experience.
This Aldar investment will add an additional leased space of 355,209 sqft GLA bringing the total leased area to 818,057 sqft of retail space. Over 50% of this new space is already committed to new tenants. The project will include an expansion to the west side of the mall – the ‘West Wing’ adding 51 new units over three levels.
An expansion to the north side of the mall – the ‘Retail Park’ will consist of three huge retail boxes with sizes range from 16,145-to-69,965 sqft designed in a flexible manner to accommodate different retailers’ area requirements, family dining and coffee shops, an event plaza and a front-door on grade parking for more than a thousand additional cars.
The project will also include a refurbishment for the existing mall, including entrances, public spaces, canopies, flooring, toilets, food court and sightlines. The expansion work will be completed by end of the first quarter of 2018.
“With the renewal programme, we aim to catch up to with the very strong consumer demand Al Jimi Mall is enjoying currently. This initiative demonstrates our commitment to offering visitors a memorable shopping and entertainment experience, one that perfectly resonates the 15 years heritage of the mall and sets a new benchmark in both design and retail mix,” says Talal Al Dhiyebi, chief development officer, Aldar Properties.
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