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The new Seef Mall Muharraq

100 shops to open at new Seef Mall in Muharraq

MANAMA, February 11, 2015

Nearly 100 stores will be up and running in a new BD20 million ($52.7 million) waterfront shopping mall in Muharraq, Bahrain on Saturday (February 14).

Seef Mall Muharraq, a joint venture from Seef Properties, The Malls Company and Hayakala, covers 72,000 sq m and is anchored by a Geant Hypermarket alongside 132 stores, a 14-theatre cineplex, a food court, restaurants, children's entertainment centre Magic Island and parking for up to 450 cars, said a report in the Gulf Daily News (GDN), our sister publication.

However, Seef Properties general manager Robert Addison refused to comment on complaints raised by the Muharraq Municipal Council on traffic congestion near the mall, but added that the company was working with Works, Municipalities and Urban Planning Ministry to find a solution.

“We plan to find a solution and work with everyone,” he said.

“The original road plan provided a solution, so we want to see that happen.”

Addison said the mall will be fully operational by early next month with the cineplex, which includes IMAX and VIP theatres run by a Dubai-based company, opening in May.

“The mall, considering the size, is not made to compete with Seef Mall in Seef, City Centre Bahrain or The Avenues when it opens,” he said.

“I don't expect Saudis to drive past those three malls and come here. Seef Mall Muharraq is mostly for residents in the area - from Arad, Muharraq and Amwaj Islands.

“We have 30 new shops and outlets that are open here that we don't have at the Seef Mall in Seef area.

“Seventy-five per cent of the shops will be open by Saturday, with the rest open by March.

“Some have spent BD100,000 to BD200,000 fitting up their shops.

“That's a lot of money being invested, which is a real expression of confidence in business in Bahrain.

“We could've let another 30 to 40 per cent more shops - we had the demand.

“Some shops here have higher rent rates than in Seef.

“We're surfacing 6,000-sq-m of land, currently for parking but could be for a future expansion.”

He revealed that Seef Properties planned to build a fourth mall in the country.

“Now that we have Seef Mall in Seef, Isa Town, and Muharraq, we're looking for a new location, ideally in the south,” he added.

“The location depends on land, we have three years left in our plan.

“We want to grow the business, and in the medium-run also plan to build malls in the region.”

The GDN earlier reported that the Muharraq Municipal Council was inundated with complaints about bottlenecks caused by the new mall in Arad.

Councillors warned that the mall's outlets will not be allowed to open if investors do not agree to construct new access roads within the next two years.

They also threatened legal action against the landowner, Muharraq Club, and the investors. - TradeArabia News Service




Tags: Seef | mall | new | open | shops | 100 |

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