Reem Mall’s $1.2bn construction reaches fourth floor
Project work first began on the Abu Dhabi mall project at the end of 2017
Al Farwaniya Property Developments has said that construction work on its $1.2bn Reem Mall has reached level four in some sections. Following the laying of the foundation stone at the start of this year, the developer says that over 120,000cu/m of reinforced concrete has been cast.
Construction work is said to be progressing smoothly and is in line with the developer’s planned construction and finance targets. As of August, more than 14 tower cranes have been erected for the project, the developer said in its statement.
The mall is a JV between three Kuwait-based companies; Agility, United Projects for Aviation Services Company (UPAC) and National Real Estate Company (NREC). The companies are said to boast a ‘sound financial base, extensive experience in asset management and commercial real estate development, and a successful track record of mall operations’.
“With construction that commenced during the latter part of 2017 and with a team of 4,000 workers on site, Reem Mall is well on its way to becoming the most exciting addition to Abu Dhabi’s retail and social landscape,” said Shane Eldstrom, CEO of Al Farwaniya Property Developments.
Once the mall is complete, it will boast 350,000cu/m of reinforced cement concrete, 75,000t of rebar, 10,000t of structural steel and 75,000sqm of pre-cast hollowcore concrete panels. The project will have a total built-up area of over 650,000sqm and will comprise 450 stores.
The mall is located in the Najmat District on Reem Island and is part of the residential and commercial master development by Reem Developers. The island is expected to have a population of 200,000 people when fully built.
“Reem Mall will be a unique lifestyle destination – a place which will bring in families, friends and communities together. In addition to the world class retail, leisure and entertainment offering, the mall will boast vital infrastructure and improved connectivity, ensuring that our investment in Abu Dhabi continues to benefit local communities in the future,” Eldstrom added.
