Tamdeen Group says project will benefit from the country’s stable economy with a GDP of $142 billion
Kuwait-based Tamdeen Group has announced that one of its subsidiaries, Tamdeen Pearl has launched the region’s first hybrid outlet, leisure and lifestyle destination. The hybrid outlet concept comes as a response to shoppers’ demands for an all-inclusive experience, Tamdeen said.
The Al Khiran Hybrid Outlet Mall, as it is called, will combine dynamic experiences through a mix of premium outlet shopping, unique dining options, cutting-edge entertainment, large format events, exhibitions and recreational leisure experiences, according to Tamdeen.
Spread across 350,000 sqm. in the heart of Sabah Al Ahmad Sea City, the mall will have 70,000 sqm of GLA with several key features that will set the project apart and position it as the mall format of the future, it added.
It is further complimented with recreational components like Kuwait’s largest marina with 900 berths, 1.25 km of beautifully-landscaped park and boardwalk, the Water Gardens and an active amphitheatre holding year-long programme of events, Tamdeen stated.
Mohammad Jassim Al Marzouq, chairman, Tamdeen Group said: “Tamdeen Group is proud to be launching the first hybrid outlet concept in the region, which aims to satisfy a changing customer and growing demand for great value and heightened experiences.”
“Kuwait’s 2035 Vision and, as part of it, the rigorous development in its South have furthered our role in the private sector of strengthening the position of Kuwait as a regional destination for shopping, entertainment and leisure,” he added.
Moreover, the mall will serve a catchment area that services most of Kuwait, the Eastern Saudi provinces and a robust Saudi tourist market, said Al Marzouq. He added that the total population base in the catchment area is estimated to be 4 million, which is complimented by an additional inflow of 2.5 million Saudi tourists arriving by near road.
“Today, the group is managing and developing over 464515.2 sqm. of space across regional, community, lifestyle, neighbourhood and mixed-use centres. With its diverse range of projects and ongoing investments, it is continuously re-emphasizing its commitment to contribute to Kuwait’s economic development,” Al Marzouq concluded.