Published On:July 11 2014
Story Viewed 1916 Times
Hotels and retail to drive Mall of World project.
The first phase of the Mall of the World in Dubai will focus on hotels and retail, the developer of the project has told Hotelier Middle East.
Mall of the World has been described by Dubai Holding as a 'temperature-controlled, pedestrianised city', encompassing retail, a theme park, an entertainment district and a wellness zone.
Among all of this will be 80 hotels and 20 serviced apartment buildings, with a total of 20,000 rooms. As Dubai Holding CEO Ahmad Bin Byat explained to Hotelier Middle East, this will be particularly important in the first phase.
'This is a massive project that will be developed over phases based on market demand. The first phase of the development will be the one located on Sheikh Zayed Road,' he said.
It will be focused on the hotels as there is a huge demand as well as the retail element, i.e. the street network.
'We are currently appointing consultants specialising in a range of expertise that complement our own and to advise us on this project. This will take around six months and then we will be at a better position to announce start and completion dates.'
constructionweekonline.com