Property News · April 11, 2017

Omani developer plans Westfield-inspired mall near Muscat


Oman is set to get its own version of London’s Shepherd’s Bush.An Omani development company is planning to build a mall on the outskirts of Muscat inspired by the Westfield London shopping centre and its surrounding area.The £127 million (Dh579.4m) Al Araimi Boulevard is being built in the coastal suburb of Al Khoud by Al Raid Group.The chief executive Sheikh Fahad Abdullah Al Araimi and his family are regular visitors to London and often travel from their Knightsbridge residence to shop in the West London district.The mall will have a built-up area of 147,200 square metres, spread over two floors including a 10,000 sq metres hypermarket, the biggest food court in the sultanate, and a 6,000 sq metres entertainment centre with a 10-screen cinema.Work began on the centre last year and is due for completion in September next year. It has been designed by architects and engineers Arab Engineering Bureau and is being built by Unique Contracting Company. Design International has been appointed as leasing agent.”We strongly believe that spending quality time with family and friends is one of life’s great pleasures, and with this philosophy in mind we have created Al Araimi Boulevard as an exceptional lifestyle destination created to bring people together,” said Sheikh Fahad.Oman-based U Capital last month issued an upbeat report on the sultanate’s economic prospects, despite being hurt by falling hydrocarbon revenues, leading to cuts in government spending.mfahy@thenational.aeFollow The National’s Business section on Twitter

Source : thenational.ae
Read more…Omani developer plans Westfield-inspired mall near Muscat

You may also like...