Modon Completes Supermarket Project and Awards Tender for Retail Strip Mall Development in North of Riyadh City
Abu Dhabi, 18 September 2019
- LuLu Hypermarkets awarded supermarket operating contract
- Al Hosani: These milestones highlight the steady, on-schedule progress being made at Riyadh City and our commitment to implementing the highest standards.
Modon Properties (Modon), a development company mandated by the Abu Dhabi government to build vibrant and sustainable communities and develop strategic mixed-use projects in Abu Dhabi Emirate, has completed a supermarket project located in North Riyadh City (formerly known as South Shamkha). Modon awarded Lulu Group International the operating license as part of its ongoing cooperation with leading retail brands, designed to meet the needs of residents in North Riyadh City.
Modon has also awarded the tender for its Retail Strip Mall project, as a part of the company's plan to build a modern community in North Riyadh City that adheres to the highest sustainability standards.
Eng. Ahmad Al Hosani, Project Director at Modon, said: “The completion of the supermarket and the awarding of the tender for the retail strip mall project highlight the steady, on-schedule progress being made at Riyadh City and our commitment to implementing the highest standards throughout our developments. Modon is working tirelessly to develop infrastructure and public facilities in Riyadh City, with the aim of building a modern, integrated community that is in line with the vision of our nation’s wise leadership.”
The supermarket was built at lot 25 in North Riyadh City, and covers 350 square meters.
The retail strip mall will cover 8687 square meters in North Riyadh City, located at lot 23. Upon its completion in August 2020, the project will include seven restaurants, 14 stores, and a supermarket that meets the needs of the city’s residents.
Upon completion, Riyadh City will be among the largest and most iconic residential communities in Abu Dhabi, housing over 200,000 residents. The development encompasses approximately 8,000 hectares, equivalent to 85% of the land area of Abu Dhabi island. It will feature state-of-the-art facilities including parks, schools, shops, mosques and medical and community centers.
The project is a part of Modon’s ongoing efforts to develop vibrant and sustainable communities that deliver an aspirational lifestyle to residents, alongside integrated facilities and infrastructure built to the highest international standards.
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