Brand View: Since its establishment, LACASA Holdings has focused on enhancing the economic growth as well as the quality of property development in Palestine
LACASA Holdings has unveiled its plans to launch a large-scale retail development in Ramallah, set to open its doors in the first quarter of 2019. The total value of the project is $40 million.
The Palestinian property development company was incorporated in 2011 by Emad Jaber, an engineer-turned-architect based in Dubai.
Since its establishment, LACASA Holdings has focused on enhancing the economic growth as well as the quality of property development in Palestine.
The organisation has done so by undertaking a number of luxurious projects including a high-end residential tower, an IB-accredited school, and an international Art School.
Designed entirely by LACASA Architects, a subsidiary of the holding company, the mall’s built-up area will amount to a total of 50,000 square meters consisting of 6 levels of retail and 3 levels of parking, making it the largest of its kind in the country. As of September 2017, over 50 international and local brands have registered to lease units of varying sizes.
LACASA’s designers chose a contemporary language throughout the exterior façade and the interiors of the mall. Inspiration was drawn from the local motifs while also maintaining a modern twist by utilizing luxurious finishes; an approach that has become LACASA’s signature.
Both indoor and outdoor areas were integrated in a way to ensure that footfall remains consistent regardless of weather conditions throughout the year.
The mall will consist of 135 retail units, 5 anchor stores, a hypermarket, 21 F&Bs, a food court, a kids’ play area, a ball room, and ice rink.
Additionally, a dedicated area has been assigned to include kiosks for Palestinian entrepreneurs to launch their startups and display their products and services. The inclusion of this feature emphasizes LACASA Holdings’ mission to encourage innovation in the country; one that has been set forth by the company’s chairman, Emad Jaber.
Commenting on the mall’s development, Jaber said, “I have always been focused on enhancing the quality of life and economic well-being of my home country. I see the mall as a major step forward for Palestine’s economy; one that will go beyond providing a shopping destination. It will be the prominent social and entertainment hub for Palestinians while also encouraging local innovation and entrepreneurship.”
The construction of the development is underway, with over 40% completed to date.
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