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The Abu Dhabi Urban Planning Council (UPC) has granted approval for the concept plans of Reem Mall, an entertainment, dining and shopping destination in Abu Dhabi. The Concept Planning Report approval represents a significant milestone for the $1-billion (Dh3.67 billion) project and keeps it on track to open in 2018.
The approval came just weeks after UPC gave the go-ahead for the Reem Island Integrated Concept Masterplan. Reem Mall is a significant element of the overall vision for Reem Island, which will eventually become home for 210,000 residents.
Developed by the National Real Estate Company in partnership with United Projects for Aviation Services Company, Reem Mall will deliver two million square feet of retail, leisure and dining and entertainment choices, with some 450 stores, including 85 food and beverage outlets.
Shane Eldstrom, Chief Operating Officer of Reem Mall, said: ''The UPC approval represents a major milestone in the development of Reem Mall, allowing the project to move closer to the construction phase. Subject to all required permits, we look forward to breaking ground on-site this year.''
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Source: Property Weekly