Abu Dhabi’s upcoming $1bn Reem Mall has named Al Futtaim Carillion as the preferred tenderer for the project’s construction, it was announced on Sunday.
Reem Mall will enter into detailed contract negotiations with Al Futtaim Carillion to finalise an agreement to execute the remaining works, a statement said.
The size of the deal was not disclosed.
“The announcement comes on the back of final permission to construct received from Abu Dhabi Municipality earlier this month,” said chief operating officer for Reem Mall Shane Eldstrom.
“We look forward to successfully completing the tendering process.”
Dutch Foundation, a full-service engineering foundation company based in Abu Dhabi, is currently on site carrying out an enabling works contract involving excavation, lateral restraint systems and dewatering.
More than seven million cubic feet of material have been removed to date, with dewatering progressing at a rate of 84,000 cubic feet per day, the statement said.
Slated to open in late 2018, the two million square foot Reem Mall will include 450 stores including 85 food and beverage outlets.
The mall will also house the world’s largest indoor snow-play park and a 125,000 sq ft indoor amusement space.
Located on Al Reem Island, Reem Mall is being developed by two Kuwaiti real estate companies – the National Real Estate Company and United Projects for Aviation Services Company.
The massive Al Reem Island project will have 11 new private schools, six kindergarten centres, a Paris Sorbonne University, three new private hospitals, a number of clinics, nine mosques, civil defence and police facilities, a major transit hub and nearly 500,000 square metres of park and open space when ready.
It is projected to house a population of 210,000 in the future.