Wednesday 17 October 2018
 
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Abu Dhabi's hi-tech mall gets building completion certificate

ABU DHABI, 19 days ago

Gulf Related, a regional real estate development company, has announced that the next-generation mall, Al Maryah Central, has achieved a major project completion milestone by obtaining its building completion certificate.

Gulf Related is a joint venture between Gulf Capital, a leading alternative investment firm in the Middle East, and US-based Related Companies.

The company pointed out that this certificate was an important final regulatory requirement, and recognition that multiple authorities had thoroughly inspected and approved the new mall’s design, build quality and safety standards.

It also signifies that the construction phase is complete, said a statement from Gulf Related

A retail-led mixed-use development owned and managed by Gulf Related, Al Maryah Central, combined with The Galleria on Al Maryah Island – Abu Dhabi's luxury shopping and dining destination, will deliver a 2.8 million-sq-ft super-regional mall in the UAE capital.

Two 400,000-sq-ft integrated residential towers, will house a hotel and serviced apartments and offer luxury residences. The entire Al Maryah Central development, including the mall, dining precinct, parks and promenade, will be fully connected across Al Maryah Island with air-conditioned access to The Galleria, it stated.

Obtaining this certificate enables Al Maryah Central’s tenants, including popular global fashion, dining and entertainment brands, to take possession of their units and begin the fit-out works in anticipation of the mall opening its doors to the public on August 27 next year, said the developer.

Leading international group Multiplex Middle East is the main contractor responsible for the completion of the $1-billion Al Maryah Central development, it added.

Chief Operating Officer Kevin Ryan said: "Al Maryah Central is a truly innovative development that is designed as a lifestyle hub in the centre of the capital. Its unique offering will enhance Abu Dhabi’s retail, entertainment and dining sectors."

Lauding Multiplex Middle East for the support, Ryan said: "The building completion certificate at this important stage is a testament to the advancement of the project. I would like to congratulate all internal and external project teams alongside our stakeholders on this outstanding achievement."

Speaking about this pivotal milestone, Daniel Parry, the managing director and general counsel of Gulf Related, said: "As we conclude construction, Al Maryah Central has now moved into the pre-opening phase. This important certification now enables our tenants to start the fit-out of their stores, ensuring we are ready to open to the public next August."

On completion, the mega retail venture will feature the first Macy’s outside of the US, the first Bloomingdale’s in Abu Dhabi and 20 specialist Al Tayer stores as part of the 400-store retail offering.

In addition, Al Maryah Central will include 100 restaurants and cafés, a 21-screen Vox Cinema with Imax and a host of other attractions. Subsequent phases of the development will include residential units and a hotel in two high-rise towers.

"In the coming weeks, we will announce many additional brands, which together will create an incredibly exciting retail, entertainment and dining mix for Abu Dhabi’s residents and visitors," he added.-TradeArabia News Service




Tags: abu dhabi |

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