Business | Property

Channel Sponsor

Union Properties to develop commercial space within MotorCity

Union Properties will develop a 5,000,000 sqft area of high street retail, commercial and hospitality in its signature MotorCity development, the company announced on Monday.

  • Staff Report
  • Published: 13:00 October 6, 2008
  • Gulf News

  • The new development will include 11 buildings stretching throughout the area
  • Image Credit: Supplied picture
Image 1 of 2
12

Dubai: Union Properties will develop a 5,000,000 sqft area of high street retail, commercial and hospitality in its signature MotorCity development, the company announced on Monday.

The new development will include 11 buildings stretching throughout the area, UP Chief Executive Officer Simon E. Azzam announced.

“We are delighted to announce the development of the unique high street retail, commercial and hospitality area within MotorCity,'' he said.

The buildings along this stretch will vary from four to ten storeys in a total Built Up Area (BUA) of 5,000,000 sqft, and total leasable area of 2,250,000 sqft with 4000 basement parking spaces and 800 surface parking spaces.

The retail area will comprise of 600,000 sqft space with a retail mix that will include boutique outlets, anchor stores, department stores, food & beverage, hypermarket, fashion & apparel stores, jewelry, furniture and home accessories, entertainment and specialty stores.

Office space will cover an area of 1,550,000 sqft for small to medium sized offices starting from 1,000 sqft up to 10,000 sqft. The hospitality space will account for boutique hotels and serviced apartments.

Azzam added that the new addition will enhance the existing residential commercial and leisure features in the development.

  • Rate this article
  • Average reader rating (0 votes) 0 Stars
Tools

Emailing an article to friend is a simple way to share a news item. Your friend will receive an email with your name and email address as well any personal message you choose to send.

The information you provide on this page will not be used to send unsolicited emails.

This service is not intended to encourage spam, and action may be taken against individuals who maliciously enter personal details of another individual.

Share this article

Property

Gulf News
Gulf News classifieds
  5. Browse all jobs
  5. Browse all cars
  6. Browse all properties
  5. Browse all classifieds
Popular in Business
Business Editor's choice
Mortgages: there's light at the end of the tunnel
Banking

Mortgages: there's light at the end of the tunnel

UAE buyers are securing home loans again

Popular in GNTV
Popular in Pictures