Work on First Avenue project nearly complete
The $136mn (AED500m) development, located in Motor City, comprises a mall and a hotel, which will be operated under the Park Inn by Radisson brand
Construction work on the $136m (AED500m) First Avenue, a new shopping mall and hotel development in Motor City, is almost complete.
The project’s developers say construction work for the mall is on track for completion by the end of this month, with fit-out for the retail units set to take another four months.
The mall is expected to open in May, along with the adjoining hotel.
First Avenue’s anchor tenants are in place, taking up 40% of the mall’s leasable area. Carrefour will take up 11% of the leasable area. Prime Medical Centre, a clinical, diagnostic and medical tourism services provider, will absorb 9% of the leasable area.
Fun Block, part of Fun City by Landmark Group, will introduce a children’s entertainment space, occupying 9% of the leasable area.
Reem Al Bawadi, an Arabic food and beverage chain, will take up 6% of the leasable space. ACE Hardware, a hardware retail store, will have 5% of the leasable area.
First Avenue is owned and operated by Saudi Arabia’s Al Tawfeeq for Development and Investment (ATDI).
“We are delighted that First Avenue mall is on schedule for a ‘soft opening’ in May,” said Dr Ramy Moussly, general manager of ATDI. “First Avenue is part of Dubai’s newest suburban quarter. Among the signs that the area is popular is the planned move by media group MBC of a major part of its production to Dubai Studio City which is less than 1km from the mall and hotel.”
First Avenue, based at the edge of the Dubai Autodrome, will have 70 retailers and 15 casual dining restaurants.
The adjoining four-star 150-room hotel, which can be accessed directly from the mall, will be operated by Park Inn by Radisson, with an all-day restaurant, lobby, meetings and events spaces, gym, spa and swimming pool.
The two-storey development stretches across 4.6ha, and has an underground car park with 400 spaces.