Al Farwaniya Property Developments held the foundation stone laying ceremony for Reem Mall, located on Reem Island in Abu Dhabi. Sheikh Nahyan bin Mubarak Al Nahyan, minister of tolerance, presided over the ceremony in the presence of senior government officials and industry leaders from the private sector.
The high-level dignitaries included Liborio Stellino, Italian ambassador to the UAE; Salah Mohammad Al Baijan, ambassador of Kuwait to the UAE; Abdulhamid Saeed, group CEO of First Abu Dhabi Bank and managing director of Reem Investments; and Faisal Sultan, chairman of the National Real Estate Company.
“Reem Mall will become Abu Dhabi’s coveted retail destination complete with a spectrum of entertainment and dining options in the heart of the UAE capital. The foundation stone laying ceremony marks a significant day in history for this project, and brings us another step closer to our mission – to provide the residents and visitors of Abu Dhabi with an extraordinary retail and leisure experience,” says Shane Eldstrom, CEO of Al Farwaniya Property Developments.
“As an exceptional retail destination, Reem Mall is destined to provide the people of Abu Dhabi with a comprehensive range of leisure, entertainment, dining and shopping concepts. Since the beginning of construction, we have built a strong momentum for the project. We are looking forward to delivering Reem
Mall, which is bound to make a significant contribution to the development of Reem Island, a vital component to Abu Dhabi’s urban infrastructure framework,” adds Sultan.
Reem Mall is set to offer two million sqft of GLA (2.9 million sqft of built-up area) comprising of 450 local and international brands. These include hypermarkets and department stores, along with a range of entertainment and leisure options such as Snow Park Abu Dhabi, a destination snow park attraction, multiplex cinemas as well as 85 dining options covering every cuisine imaginable.
Construction of the mall started in late 2017 with the awarding of the contract to Itinera Ghantoot, a UAE-Italy joint venture. The project, anticipated to complete by late 2020, readied for a single-phase delivery and is aligned with the master-planned development of Reem Island, a major residential and business centre.