Al Raid Group opens $259m retail hub in Oman
MUSCAT, December 26, 2018
Al Raid Group, a specialist developer of retail shopping malls and leisure destinations, has officially opened Al Araimi Boulevard (ABLVD), an innovative retail development concept in Muscat, said a report.
Located in Al Khoud, the Al Araimi Boulevard has been developed at an investment of over RO100 million ($259 million). It boasts a built-up area of 187,000 sq m and provides leasable space of 75,000 sq m, reported the Oman Observer.
It will be home to more than 210 stores ranging in area from 70 to 160 sq m. It has a family entertainment centre of 6,000 sq m, it stated.
Al Araimi Boulevard consists of two floors, providing spaces for water features, fountains and other unique features like green landscaped areas.
There will be 10 cinema screens and a Carrefour hypermarket, which will occupy an area of 10,000 sq m. It will also be home to 20 casual dining restaurants with a food court that seats up to 1,200 people, stated the report.
There are 3,000 car parks available at the mall, it added.