Business | Property
Dubai Sports City to offer specialty retail leasing
Dubai Sports City, the world's first integrated sports city, will offer more than 3.8 million square feet of retail space in all real estate and facilities when construction is completed, it was announced yesterday.
- Staff Report
- Published: 00:17 April 23, 2008
- Image Credit: Supplied picture
- The Arena Mall's trade area will embrace a population of about 800,000 by 2010.
Dubai: Dubai Sports City, the world's first integrated sports city, will offer more than 3.8 million square feet of retail space in all real estate and facilities when construction is completed, it was announced yesterday.
In addition to its major retail areas - Arena Mall, North Point and South Point, and Canal Residence West - events, promotion and specialty leasing opportunities will be available within the stadia 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 of 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 embrace a population of about 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 traffic flow studies for the Arena Mall area, which will benefit from 7,000 car spaces and thoroughfares from the surrounding road network.
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