Economy
Majid Al Futtaim invests OMR 5 million to expand City Centre Qurum
Majid Al Futtaim, the leading shopping mall, retail and leisure pioneer across the Middle East and North Africa, today announced an additional redevelopment project for City Centre Qurum – a retail expansion worth almost OMR 5 million, to host Centrepoint, the multi-brand retail concept of Landmark Group as well as additional car parking spaces.
Majid Al Futtaim, the leading shopping mall, retail and leisure pioneer across the Middle East and North Africa, today announced an additional redevelopment project for City Centre Qurum – a retail expansion worth almost OMR 5 million, to host Centrepoint, the multi-brand retail concept of Landmark Group as well as additional car parking spaces.
The expansion project which is expected to be completed by end of 2016, will add 3150 sqm of incremental leasable area to accommodate Centrepoint as a new anchor store, which will include Babyshop, Splash, Lifestyle, and Shoe Mart. The expansion will be at the ground level of the mall in the existing parking space and a new car park structure is currently being built to accommodate 160 additional vehicles.
“We are excited to welcome Centrepoint to City Centre Qurum – a fantastic opportunity for us to better serve our loyal shoppers, and to entice more customers to the mall. Expanding the mall underscores Majid Al Futtaim’s industry leadership and commitment as a positive contributor to the local economy and underlines our company’s vision to creating great moments by providing customers with a truly convenient and enjoyable shopping experience,” said Watfa Humaid Al Harthy, Senior Mall Manager at City Centre Qurum.
In 2014, City Centre Qurum expanded by introducing a family leisure precinct featuring a 7-screen VOX Cinemas (2,140 sqm) and a new Magic Planet family entertainment (490 sqm).
With these additions completed, City Centre Qurum will have approximately 26,500 sqm GLA, offering more than 14 diverse dining options, 83 retail destinations and distinct entertainment options, including Magic Planet and VOX Cinemas.
In the past year Majid Al Futtaim has unveiled a number of developments and expansions in its portfolio, including the recently opened City Centre Al Shindagha, which is 7th City Centre mall in the UAE, and the 13th in the wider Middle East region.
In November 2015, Majid Al Futtaim unveiled OMR 35 million expansion of City Centre Muscat. Also, in September 2015, Majid Al Futtaim opened City Centre Me’aisem, located in Dubai’s International Media Production Zone (IMPZ) and during the same month, unveiled AED 1 billion multi-stage redevelopment of Mall of the Emirates.
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