Golden Mile ..... a key retail project from Nakheel.
Nakheel starts leasing retail space on Palm Jumeirah
DUBAI, January 5, 2015
Dubai developer Nakheel will start leasing office, retail and dining space at Palm Jumeirah's Golden Mile in Dubai, UAE, as part of its rapidly-expanding retail development portfolio.
The Golden Mile, one of several new retail projects from the Dubai developer on Palm Jumeirah, will have around 70 outlets including a supermarket, department store, cafes, restaurants, medical centre and gym.
The first of the retail outlets is expected to open in April, Nakheel said in a statement.
Nakheel, which assumed ownership of Golden Mile last November, said it is prioritising tenants who had previously signed leases with the original owners as it moves forward with its new leasing programme at the 10-building complex.
Around 400,000 sq ft of office and retail space is available for lease, the statement added.
The new retail centre will provide on-the-doorstep facilities for the 2,500 people living at Golden Mile.
Besides Golden Mile, Nakheel has several other retail, dining and entertainment projects in Palm Jumeirah including Nakheel Mall, The Pointe, Palm West Beach and The Boardwalk.-TradeArabia News Service