By Lucy Barnard www.thenational.ae
Another mega mall is set to be built in Abu Dhabi, as plans were outlined for a US$1 billion (Dh3.67bn) shopping and leisure complex next to the Sowwah Square financial centre.
Gulf Related, a joint venture between the Abu Dhabi-based Gulf Capital and US-based retail developer Related Companies, said yesterday that it planned to build a 214,000-square metre shopping centre next to Mubadala Development’s giant Sowwah Square office and designer shopping complex.
Gulf Related, the developer behind the Time Warner Centre in New York, said the new mall would be Abu Dhabi’s “first super regional urban shopping centre”.
Last month it bought the 13-acre plot of land on Al Maryah Island, on which the mall will be built.
The proposed development will include two 20,000-square metre department stores – one of which is likely to be Bloomingdale’s – as well as 300 fashion retailers, 80 cafes and restaurants, a cinema, a health club, a hotel, serviced apartments and flats. More info