Retail Update: Abu Dhabi Marina Mall Expansion

National Investment Corporation (NIC) has announced the Plan of 300,000m2 expansion of Marina Mall Abu Dhabi is scheduled to commence in 2018.

Upgradation:
Upgradation of the mall’s existing facilities. Installation of LED screens, the renovation of existing store-front fixtures, and the enhancement of the mall’s luxury area and main entrance.

Extension:
South block, to have additional retail spaces, food and beverage (F&B) outlets, and a new residential tower. North block will be expanded to include a series of extra entertainment attractions.

New Promenade –  Marina Walk:
New Promenade –  Marina Walk, a 546m-long promenade that will offer 123,000m2 of leisure and entertainment activities, including Abu Dhabi’s first skate park. It will boast a gross leasable area (GLA) of 19,500m2, will feature a dining precinct, 15,000m2 of open park areas for community events, multiple water features, three helicopter pads, and 900 additional parking spaces.

Timeline:

  • Upgradation of existing facilities will start in H1 2018
  • Expansion & development of Marina Walk will start in Second half of 2018

Budget:

AED 3 Billion ( USD 816.7 Million)