Dubai-based developer Majid Al Futtaim announced on Tuesday it would invest AED 260 mn into the redevelopment of City Centre Sharjah shopping mall, according to a press release.
The investment will add 13,700 square meters of retail space to the mall as well as a 12-screen VOX Cinemas and a City Centre Clinic for health care needs. The company aims to complete the project in the fourth quarter of 2017.
The redevelopment is part of Majid Al Futtaim’s overall UAE strategy from June 2016. The developer aims to open 10 new City Centre destinations, 28 cinemas, 40 Carrefour supermarkets and a 740,000 square meter community in Sharjah by the end of 2020.