By Neil Halligan
Project will add 20% more area to the existing 2.4 million square feet mall and increase the stores' tally to 420
Dubai Festival City Mall’s $400 million expansion is expected to be completed by June next year, according to a senior mall official.
Brad Merchant, general manager of the mall, said the expansion project is about 70 percent complete.
“The expansion will add 20 percent more area to the existing 2.4 million square feet mall and increase the stores' tally to 420," Merchant told Khaleej Times.
The investment will also create a 300-metre long waterfront promenade, with 22 restaurants opening by early next year.
“An open air 50,000-square feet platform will be set up on reclaimed land from the marina in the next two months,” he said, which will cost an estimated $8 million.
"We have inaugurated 35 stores in the mall since May this year and another 15 will be opened by December 2. Festival Square, which was opened earlier, will be opened for public from today [Tuesday]. It gives an amazing view of Downtown Dubai and Burj Khalifa," Merchant added.
At present, the mall has leased 85 percent of its retail space, with negotiations ongoing to fill the remaining outlets.For all the latest construction news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.