DOHA: The Mall of Qatar is scheduled to open in the third quarter of 2015, developer UrbaCon Trading & Contracting (UCC) announced yesterday. Construction on the project has been underway since 2012 and is proceeding on schedule. The Mall of Qatar is expected to welcome an estimated 20 million customers annually.
The total project cost is in excess of QR3bn and has been secured with funding from Qatar National Bank. Located at the intersection of Al Rayyan Highway and Celebration Road, the project is adjacent to Al Rayyan Sports Club and a future FIFA 2022 World Cup Stadium.
A dedicated Metro Station will be integrated into the mall, providing more access to visitors. In addition, the project will provide spacious parking for over 7,000 cars. Over 162,000 square meters of retail leasable space on three levels will make it one of Qatar’s largest shopping and entertainment destinations.
Shem Krey, Deputy Managing Director, Mall of Qatar said: “We are launching the Mall of Qatar at a time when there is clearly enormous untapped demand for quality integrated shopping, dining and entertainment facilities in the country. Our research has shown there is a significant amount of capacity that has to be met in the retail area and our Mall will be a major step in fulfilling demand. The Mall of Qatar is also geared towards helping the broader economic growth and prosperity of the country.”
Spread over a building area which is the equivalent size of 50 FIFA football pitches, the Mall will have a major hypermarket, five department stores, 20 international restaurants and an indoor streetscape with double height flagship stores from across the globe. In addition, unique children’s wear, popular price and young urban lifestyle brands will be clustered into districts creating synergy between retailers and providing the maximum in customer convenience.
A two level luxury court at the south end of the complex will have individually articulated shop fronts interspersed with indoor/ outdoor cafes and patios and a premium concierge lounge. A major luxury brand hotel is planned, as well as a signature restaurant on the outside surrounded by terraces overlooking the luxury court.
The exterior of the whole mall will be animated with storefronts, cafes and extensive landscaping to connect to customers as soon as they drive in. UrbaCon Trading and Contracting is developing, managing the design and construction of the complex and will operate the Mall for the owner.
The Mall of Qatar has been designed by internationally acclaimed architects Chapman Taylor and KEO. McARTHUR + COMPANY, the world renowned retail specialists, have been selected to market and lease the mall.
The Mall of Qatar is being introduced for the first time to the public at Cityscape Qatar from May 27 to 29 at the Doha Exhibition Centre and an Official Retailer Launch Event is planned for October this year at the Museum of Islamic Art.