Australian firm wins $425 million contract to build the Al Maryah Central shopping mall in the UAE capital
The UAE’s Gulf Related, a joint venture between Gulf Capital and New York-based Related Companies, has awarded Brookfield Multiplex a $425 million contract to build the Al Maryah Central shopping mall.
The Abu Dhabi developer announced that the Australian firm had been selected as the main contractor responsible for completion of the $1 billion Al Maryah Central shopping centre, a 214,000sqm project being built at the Al Maryah Island in the UAE capital.
When complete in March 2018, the mall will feature 400 stores, including the first Macy’s outside the US and the first Bloomingdale’s in Abu Dhabi. It will also include 145 restaurants and cafes, a 20-screen cinema complex, medical centre, health club, public library and three rooftop parks.
Subsequent phases of the development will include residential units and a hotel in two high-rise towers.
The Al Maryah Central development broke ground in November last year, and excavation of the site and foundation construction work is already complete, the developer said in a statement. Brookfield Multiplex will carry out the remaining construction of the shopping mall, with vertical construction starting this month and full completion prior to the mall’s March 2018 opening date.
“We are thrilled to reach another milestone with vertical construction commencing this month,” said Kevin Ryan, managing director of real estate development at Gulf Related.
“As one of the premium construction firms in the region, Brookfield Multiplex has worked on some of the most renowned structures in the GCC and internationally. We are delighted to have them lead this critical phase.”
Other Middle East projects undertaken by Brookfield Multiplex include Emirates Towers and The Gate at DIFC in Dubai, and the Eastern Mangroves complex in Abu Dhabi. Internationally, it also has projects like the rebuilding of London’s Wembley Stadium and the building of King Street Wharf in Sydney under its belt.