Aldar invests AED250mn to build Reem Central Park


April 20, 2017 | By RetailME Bureau

Aldar Properties PJSC has announced plans for its new 1,000,000 sqft public park on Reem Island, the Reem Central Park, being built with an investment worth AED250 million, scheduled for completion in 2018. The Reem Central Park will offer a modern space in Abu Dhabi for shopping, entertainment and leisure.

Situated in the heart of its master planned community on Reem Island, Aldar is reinventing the park experience in Abu Dhabi, featuring a 2,000 worshippers’ mosque with serene reflective pool, F&B outlets, retail centre, a skate park, play areas and interactive water features throughout. In supporting Emirati entrepreneurship, Aldar will also allocate a dedicated space within the park’s retail offer to local businesses.

“We are proud to launch Reem Central Park and create a space that will benefit so many of Abu Dhabi’s residents and visitors upon its completion next year. This park fits well within our strategy to create dynamic, amenity driven lifestyle destinations across our landbank in Abu Dhabi. With retail elements that will seamlessly blend a waterfront environment with urban vibrancy, the park will provide yet another leisure and entertainment option for everyone in the area,” says Mohamed Khalifa Al Mubarak, CEO, Aldar Properties PJSC.

Built on tiered levels creating a natural progression from high to low, Reem Central Park will boast a variety of attractions and amenities that lead down to a natural waterfront, including a 4km promenade, providing visitors with edutainment opportunities about the area’s natural reserves and plant life.

Previous Article Next Article

SHARE

YOU MAY ALSO LIKE /


Sunil Kumar, CEO, Spinneys

Starting as a shelf packer in 1994, Sunil Kumar saw his way 

Continue Reading

October 29, 2024 | By RetailME Bureau
Sunil Kumar and Debashish Mukherjee at MRF 2024

What does it take to sustain profitable growth in the post-IPO phase? 

Continue Reading

October 23, 2024 | By Anurima Das

Mahalle began its operations in 2022 as an “Authentic Turkish Grocery in 

Continue Reading

October 7, 2024 | By Anurima Das
Naresh Kumar Bhawnani, Founder & Chairman, West Zone Group

“Retail is a people’s business. When building a retail brand or the 

Continue Reading

October 3, 2024 | By RetailME Bureau
Sunil Kumar, CEO, Spinneys

From being one of the first retailers in Dubai to ban single-use 

Continue Reading

October 1, 2024 | By RetailME Bureau
Walid Shabana, Co-founder & CTO, Rabbit

For starters, Rabbit is a growing e-commerce grocery platform in Egypt always 

Continue Reading

September 30, 2024 | By RetailME Bureau
Arunachalam Palaniappan, CTO, Choithrams

In 2024 grocery retail major Choithrams has achieved several milestones underscoring its 

Continue Reading

September 12, 2024 | By RetailME Bureau
#Topshelftalks session at Food Business Forum 2024

Industry pioneers are embracing a comprehensive strategy that integrates consumer insights, digital 

Continue Reading

July 3, 2024 | By Anurima Das
#EdgeOfTomorrow session at Food Business Forum 2024

The regional grocery retail market is evolving fast keeping pace with constantly 

Continue Reading

July 3, 2024 | By Rupkatha B
#CartToCouch session at Food Business Forum 2024

If anything, the Middle East market is excited about quick commerce – 

Continue Reading

July 2, 2024 | By Rupkatha B
#EcoEchoes session at Food Business Forum 2024

From ethical and local sourcing to adopting cutting-edge technologies to curb food 

Continue Reading

July 2, 2024 | By Rupkatha B
#ByteSizedBreakthroughs session at Food Business Forum 2024

The regional grocery retail market is becoming more and more diverse, offering 

Continue Reading

July 2, 2024 | By Rupkatha B




Download Images RetailME Magazine