Lacasa to launch Palestine’s largest shopping mall
Architectural & Engineering firm Lacasa Holdings has announced its plans to launch a large-scale retail mall in Ramallah, Palestine
Architectural & Engineering firm Lacasa Holdings has announced its plans to launch a large-scale retail mall in Ramallah, Palestine.
The total value of the project is $40m and it will open in the first quarter of 2019.
Designed entirely by Lacasa Architects, a subsidiary of the holding company, the mall’s built-up area will amount to a total of 50,000m2 consisting of 6 levels of retail and 3 levels of parking, making it the largest of its kind in the country.
The mall will consist of 135 retail units, 5 anchor stores, a hypermarket, 21 F&Bs, a food court, a kids’ play area, a ball room, an ice rink, and an indoor skydiving chamber.
Commenting on the mall’s development, Emad Jaber the company’s chairman said: “I see the mall as a major step forward for Palestine’s economy; one that will go beyond providing a shopping destination. It will be the prominent social and entertainment hub for Palestinians while also encouraging local innovation and entrepreneurship.”
The construction of the development is underway, with over 40% completed to date.