Faithful+Gould Secures Riyadh Mall Contract

Jenny Malem
Faithful+Gould has secured a contract with Majid Al Futtaim Properties to work on the development of a new super-regional mall in Riyadh, Saudi Arabia.

Currently scheduled for completion in 2018, with a working name of North Riyadh, the super-regional classification means the mall will be finished with more than 150,000m2 of gross leasable area.

It will be bigger than any [other mall] in Riyadh. It will really enliven that market.

Lionel Dore, Faithful+Gould's Regional Director - Retail

Lionel Dore, regional director - retail, commented, "It will be bigger than any [other mall] in Riyadh. It's a very large retail-led scheme, with a hotel and a unique leisure offer. It's looking fantastic on paper. It will really enliven that market."

Lionel currently expects the first tenders for the North Riyadh mall project to be released in the first quarter of 2015.

Faithful+Gould's work on the mall project comes at a time when we are looking to expand around the region and retail continues to offer a fertile area for development.

Campbell Gray, Faithful+Gould's Managing Director - Middle East

Campbell Gray, managing director - middle east, added, "Faithful+Gould's work on the mall project comes at a time when we are looking to expand around the region and retail continues to offer a fertile area for development."

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