Dubai Holding will start to built the first phase of The Mall of the World project which is a unique concept of an all-season city district offering a wide range of leisure, retail, cultural, residential, wellness, commercial, hospitality and pedestrian options in the heart of Dubai.
The project is set to become the world’s largest shopping destination and the first phase – representing about a quarter of the project’s size – would be completed before Dubai hosts the Expo 2020 exhibition.
The $21.8bn (AED80bn) mixed-use development will span a land area of 1.7 million square metres in the centre of Dubai and will be built in two phases.
The recently evolved master plan is focused on providing visitors and residents with connectivity to the surrounding city, with seven modes of transportation: a network of 33 roads, 152,500 m. sq. of walkways and plazas, bicycle routes, availability of bus and shuttle services, metro and tramlines as well as gondola rides.
As a mixed-use development, Mall of the World will have five components – Retail, Residential, Office, Hospitality, and Entertainment – comprising 278 buildings across 3,525,000 m. sq. Mall of the Wold is set to host the world’s largest retail network.
Web Site : http://dubaiholding.com/