UAE. Dubai Sports City, the world’s first integrated sports city, will
offer more than 3.8 million square feet of retail space available
across all real estate and facilities when construction is completed,
it was announced today.
In addition to its major retail areas – Arena Mall, North Point and
South Point, and Canal Residence West – events, promotion and
speciality leasing opportunities will be available within the stadiums
and public areas.
“As the master developer, Dubai Sports City is taking full advantage
of the potential for residential, commercial and retail activity,” said
U Balasubramaniam, CEO, Dubai Sports City.
“With careful planning, we are positioning retail centres in prime
locations, enabling our residents to easily reach shopping and
entertainment areas, which will help to maximise footfall for our
retailers,” he added.
Arena Mall, the largest retail destination within Dubai Sports City,
will be directly linked to the 10,000 seat multi-purpose indoor stadium
and occupies a key retail location within the development. Comprising
approximately 1.88 million square feet of gross lettable space, the
mall will be anchored by a 140,000 square foot hypermarket and will
include a family entertainment centre.
The Arena Mall’s trade area will encompass a population of
approximately 800,000 by 2010 and, with an exciting calendar of
international exhibitions, sporting events and concerts in store for
the coming years, tenants are in a prime position to benefit from
strong brand exposure.
Understanding the critical importance of accessibility for both
visitors and tenants, Dubai Sports City has conducted extensive traffic
flow studies for the Arena Mall area, which will benefit from 7,000 car
park spaces and dedicated thoroughfares from the surrounding road
network.
Surrounding the promenade of Dubai Sports City is a
vibrant mix of boutique shops and dining venues that is joined between
North Point and South Point.
North Point, Dubai Sports City’s larger retail and commercial hub,
will be the cultural centre of the development and offer visitors a
relaxed environment to dine and shop. Situated at the Northern end of
Dubai Sports City’s central waterway, at the heart of a vibrant
downtown district, North Point is in close proximity to DSC’s business
district and sporting facilities.
South Point, Dubai Sports City’s second retail and commercial hub,
will offer a premium dining and shopping experience. Located in close
proximity to the sought-after Victory Heights golf course villa
community, and anchored by Dubai Sports City’s boutique hotel, South
Point will offer a range of premium brands, boutique shops, and
first-class restaurants.
Canal Residence West - a range of
beautiful buildings presented in Mediterranean, Classic European,
Venetian, Arabic and Spanish Andalusian architectural styles set in the
heart of Dubai Sports City - offer studio, one, and two bedroom
apartments with quick access to the promenade that overlooks the canal,
which will offer upscale cafes, restaurants and boutiques as well as
sport and leisure activities on an unprecedented scale.
Retail
leasing for Dubai Sports City will commence in the third quarter of
2008. Representatives from Dubai Sports City are attending the 2008
Middle East Council of Shopping Centres Annual Convention this week to
meet with retailers and discuss the mega project’s signature retail
developments, all available by 2010.
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