ABU DHABI / WAM
Reem Mall, Abu Dhabiâ€™s major new up and coming retail, leisure, dining and entertainment destination, has appointed Funtastic as Retail Design and Delivery Managers for the US$ 1 billion project. The work on site commenced in late 2015, and the mall is expected to launch in 2018.
Funtastic is a design and project management service company specialising in the retail and leisure industry with offices in Abu Dhabi, Dubai and Singapore. Their services include Development Planning and Implementation, Retail Design and Project management, Centre operation and Property management. Funtastic has previously overseen the Retail Delivery of several major projects in Dubai and Abu Dhabi including The Beach JBR, City Walk I and II and Box Park in Dubai. They are currently also engaged with the Midfields Terminal, Deerfieldâ€™s Mall in Abu Dhabi, as well as the Ajman Gateway projects.
Shane Eldstrom, Chief Operating Officer for Reem Mall, said: â€œFuntastic will provide important coordination and management services for our future tenants. They join a strong team of consultants and advisors who are all working together to ensure that we bring new world class levels of design, construction and operation to the local retail environment.â€
Sonny Tan, Business Head of Funtastic, said: â€œWe are proud to be appointed as coordinators and managers of tenant construction and we know that our team will add significant business value to the development of this project. This is an exciting development to be a part of and something that we believe will have a significant impact on the retail sector in the UAE.â€
Reem Mall will deliver 2.8 million sq ft of floor area retail, leisure, and dining and entertainment choices. It will comprise around 450 stores, including 85 Food and Beverage outlets and a range of family-focused entertainment offerings. The mall will be well positioned on Reem Island with easy access to and from the mall and will contain 6,800 parking spaces.
The venture is being developed by NREC and UPAC.