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Dh50m Meena Retail Park opens

posted on 09/05/2002: 1649 views

The capital's retail sector is set to witness intense competition, leading to wide scale promotions with the opening of the Dh50 million Meena Retail Park which has already leased 70 per cent of its retail space. Investment in this project is by public shareholding company Abu Dhabi Cooperative Society (Abu Dhabi Co-Op) whose hypermarket is the anchor store occupying 16,000 square metres out of the total 56,000 square metres.

Based on the western style 'out of town' retail park, the Meena Retail Park near the Mina Port is a new development not just in Abu Dhabi but in the Middle East. It is an out of town space offering large stores and thus retailers can take more space and provide a wider display.

Retail parks have lesser number of stores compared to malls. Other brands at the Park include the French furniture maker 2XL, the Al Jareer bookstore, the Costless Store (a no-margin electronics store) and others. A food court, children's play area, space for community-related events, exhibitions and promotions form part of the retail park. (The Gulf News)


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