$250 mn to be spend on creek-side mall cum office complex

Karachi: A creek-side shopping mall and offices complex will be developed, at a cost of $250 million, by Abu Dhabi-based Injaz Mena Investment Company, PSC, in collaboration with UK-based Global Haly Investment Ltd.

The joint venture project was announced here on Wednesday under the key sponsorship and patronage of Sheikh Sultan Bin Khalifa Bin Zayed Al Nayhan. Mubarak bin Fahad, Chairman and CEO of Pakistan-based company Global Haly Development (Pvt) Ltd, said here that his company would undertake establishment of the creek-side project.

The complex will be situated next to the Creek Golf Club along the Arabian Sea coastline, benefiting from unrestricted creek view. The planned complex will provide high quality shopping and premium office space on the 5.3 acres plot of land. It will have total built-up area of about 1.7 million sq ft, of which over 0.7 million sq ft will be saleable space.

The complex will have three basement levels for parking, ground floor, first floor and five upper floors, offering well over 0.4 million sq ft of dedicated retail space and the balance of the area will be for offices. The project will have all facilities and infrastructure required to offer a luxurious lifestyle shopping experience. Creek-side will set the benchmark, excellent example of a true mixed-use centre project combining retail, restaurants, safes, world class feed terrace coupled with an exclusive office complex.

Mubarak bin Fahad said that the 'creek-side' is an exclusively designed mixed-use facility that would bring a new level of luxury and enhancement to the standards of shopping expected today. The promoters boasts a design that gracefully maximises sea views whilst maintaining optimal functionality and practicality.

The Royal International, a leading consultant, is providing consultancy services for sub-consultants throughout the design and construction phases. Saunders Global, the lead architects for the project, undertook the structural and building services engineering design for the entire project in liaison with local engineers, Engineering Associates. Due for completion in 2011, the creek-side project is being developed around the concept of delivering a luxury retail experience coupled with executive offices which has required significant liaison with a number of consultants and local bodies to turn the design into reality.