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.
According to a report by the United Nations, the fashion industry accountsFebruary 18, 2021 | By Shruthi Nair
The jewellery making industry has been under tremendous scrutiny over the yearsFebruary 11, 2021 | By Shruthi Nair
UAE-based Carrefour will become the first retailer in the region to offer new levels
The Organic Farmers’ Market is back in Bay Avenue for its 12th
UAE-based Lulu Group recently inaugurated its first-ever all-female staff store in Jeddah,
Jones the Grocer, the gourmet grocer and cheese retailer launches the Jones
UAE-based Al Maya Supermarkets is hosting a two-week food festival at select
Locally-owned supermarket Spinneys has launched its ‘Power of Plants’ initiative in the
Carrefour UAE has launched “Cookit Yourself” — a curated recipe box created
UAE-based Al Islami Foods, one of the largest frozen food companies in
Marks & Spencer’s plant-based range now offers over 25 vegan products including meat-free
World’s largest fully integrated online brand in fresh fish and meat e-commerce
Homegrown, organic and plant milk company, Koita has announced its expansion into
Carrefour has announced that it is expanding its robotic fleet, adding 11
Marking the 200th hypermarket opening in Cairo, Egypt, LuLu is celebrating the
Emerging technologies and IT integration in businesses have been taking place for
British fast-fashion retailer Primark says it has no plans to sell its
UAE-based Emaar Malls have announced the resignation of its CEO, Rajiv Suri
Nakheel Malls, the retail arm of master developer Nakheel, has launched its
Majid Al Futtaim has underlined its commitment to sustainability and creating unique
Majid Al Futtaim has opened its first Carrefour store in Tashkent, Uzbekistan.
City Centre Al Zahia, the newest lifestyle and retail experience to arrive
Al Hamra’s annual ‘Winter Shopping Festival’ for all Ras Al Khaimah residents
Dubai Duty Free’s 72 hours anniversary sale from December 18 to December 20,
On 26 December, Majid Al Futtaim Malls across Dubai will host the