Line Investments & Property LLC this week confirmed plans to open a 43,000 sqm. (462.848 sq. ft.) gross leasable area shopping mall in Sharjah’s Samnan area, near to Industrial Area 5 and the Sharjah Cricket Stadium, by the end of 2018. Multiple new developments across Sharjah are expected to add over 3 million square feet (278,000+ sqm.) of shopping mall space to the emirate’s retail sector by the year 2020.
Line Investments & Property, the shopping mall development and management arm of the Abu Dhabi-based Lulu Group International, appointed Design International and Design Concepts as architects for the Avenues Mall Sharjah last year. According to the architects, the mall’s design concept is inspired by the ‘Abra’, a traditional wooden boat.
The new two level-mall will offer a mid-range shopping to leverage its available catchment area, near to both residential areas in the north of Sharjah city and industrial zones 4, 5 and 12. The developer estimates the total catchment area for the mall to be about 600,000 people (within 15 minutes drive of the mall).
Designed to provide a dining, leisure and entertainment destination, Avenues Mall Sharjah will include a 16,000 sqm. (172.223 sq. ft.) hypermarket, a 4,000 sqm. (43,055 sq. ft.) department store, , a 4,000 sqm. cinema, a 3,600 sqm. (38.7501 sq. ft.) family entertainment centre and 2,100 parking spaces. The mall design will feature a unique food street experience offering a variety of international cuisines.
The retail sector is one of the key sectors identified by Sharjah Economic Development Department (SEDD) for economic growth, with expansion in mall space serving both planned communities and walk-in trade supplemented by continued strength in the development of new high street and small community retail locations.
Abu Dhabi-based Line Investments & Property is also developing new malls in Dubai’s Silicon Oasis and the emirate of Umm Al Quwain.
Source: Line Investments