Majid Al Futtaim plans to open Masdar City mall in 2018
Majid Al Futtaim Group intends to open its new My City Centre Masdar mall in Masdar City by the end of next year.
The company, which announced that it was building the mall as part of a proposed Dh30 billion worth of investments in June last year, has said that the new mall will cost Dh300 million to build and will be based right in the heart of Masdar City, with easy access to public transport options including local buses, group rapid transport and, when they are finally built, Abu Dhabi’s proposed light rail and metro systems.
The development will have 18,000 square metres of gross leasable area, including a 5,760 square metres anchor Carrefour hypermarket, a Magic Planet family entertainment centre and a community healthcare clinic. In total, it will have 60 shops.
The single-level mall will also have shaded parking for 430 vehicles on its roof, which will be covered by photovoltaic panels. It has been designed to consume 40 per cent less energy and water than comparable buildings, to meet the Estidama 3 Pearl and Leed Gold sustainability standards.
Yousef Baselaib, the executive director for sustainable real estate at Masdar City, said: “Masdar City offers a ‘greenprint’ for the future, embracing economic, social and environmental principles of sustainability. The new mall is a testament to the emergence of Masdar City as a compelling destination for residents, business tenants and visitors.”
Ghaith Shocair, the chief executive of Majid Al Futtaim Properties’ shopping malls business, said: “We are honoured to partner with Masdar City and salute their vision which is aligned with Majid Al Futtaim’s commitment to sustainability.”
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Updated: January 10, 2017 04:00 AM