Union Coop, the largest consumer cooperative in the UAE, has announced that 92 per cent work has been completed on its Warqa’a City Mall project being developed at an investment of Dh215 million ($58.5 million) in Dubai.
The project comes within the framework of Union Coop’s plan for strategic expansion and increasing its outreach to serve the members of society, and contribute to obtaining a unique shopping experience, said the statement from the co-operative.
Located in Al Warqa’a-3 area of Dubai, it overlooks the Tripoli Street that separates Al Warqa’a area from Mirdif and leads to Emirates Road. Moreover, the strategic location enables the mall to serve a large segment of the population of the region, said the statement.
The key retail destination consists of two basements, ground, first floor and offices floor with a total buildup area of 673,200 sq ft.
The two floors of the basement and part of the ground floor are allocated to parking lots with a number of 671 parking spaces, divided into 224 parking spaces on the second basement floor, 224 on the first basement floor and 223 parking lots on the ground floor, said the statement.
The mall will also contain 44 stores with an area of 56,664 sq ft distributed into 26 stores on the ground floor and 18 on the first floor. The second floor will also be used for the Union Coop management offices with an area of 55, 000 sq ft, it added.
CEO Khalid Humaid Bin Diban Al Falasi said: "Al Warqa’a City Mall project is in the final finishing stages and under inspection by Dubai Electricity and Water Authority for power connection. The showroom shelfing and refrigerating equipment are already supplied and the installation has started."
"The project will be delivered by the contractor in the middle of the next month," he stated.
Union Coop has coordinated with the Roads and Transport Authority to implement the roads surrounding the mall as well as the link to Tripoli’s main street, at a total cost of Dh25 million. More than 20% of the work has been completed and all roads will be ready by mid-July, he added.-TradeArabia News Service