Mixed-use Abu Dhabi development project, developed by Gulf Related company, Al Maryah Central is expected to be completed by March 2018, Chief Operating Officer and Managing Director of the company, Kevin Ryan said, according to Gulf News.
“We are going to open it on time despite some regional challenges. The construction work is on at the moment with a number of structures getting completed,” Ryan added.
Additionally, a construction of new towers that would form part of the shopping center will be executed, later this year, Ryan announced.
“We are planning two additional towers, one being a residential tower and another one a residential and hotel property that will be opened in 2019. Money will be raised this year to build these towers,” he added.
The project will also include 400 stores, 90 food and beverage outlets, a 20 screen cinema, a public library and three rooftop parks apart from residential apartments and a hotel.
“We should be the market dominant once we open in two years with good location, quality, mixed used component and access.”
Gulf Related, is a joint venture between Abu Dhabi-based Gulf Capital and US-based Related company. The company’s sum of investments in developing the upcoming project at Al Maryah Island, is worth AED 3.8 billion ($ 1.05 billion).