Aldar awards AED318mn to Pivot Construction Company for Al Jimi Mall expansion


March 8, 2016 | By RetailME Bureau

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.

Comments

comments

Previous Article Next Article

YOU MAY ALSO LIKE /



UAE-based grocery retail chain, Grandiose has opened its first hypermarket in Abu 

Continue Reading

June 2, 2021 | By RetailME Bureau

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




Download Images RetailME Magazine