Alexandria City Centre steps into £E370m expansion phase

The mall will almost double in size, adding 29,117 square metres of gross leasing space to take its total offering to 62,162 square metres and over 90 additional stores.

The new extension will house anchor stores such as Home Centre and Centre Point, spread over 11,481 square metres, six iconic international retailers such as H&M and Debenhams and many other well-known brands taking the total number of retailers in Alexandria City Centre to more than 190.

Expected to be completed in September 2009, the project will be divided into three phases to include building of the new mall, renovation of few stores in the existing mall and construction of the parking lot. The existing mall will be given an overall facelift on both the exterior and interior elements - enhancing its landscape with water features and brand new external lighting effects. The parking lot, once completed, will be similar to the one at Mall of the Emirates in Dubai with circulating walkways for the safety of customers.

Steve Lalic, Vice President - Leasing and Asset Management, MAF Misr said,

"This redevelopment and expansion project is a sign of the immense growth that Alexandria City Centre has witnessed since its inception in 2003. Last year alone the mall attracted 11.5 million visitors through its doors, while sales went up 19%."

"As leaders of the shopping, entertainment and leisure concepts in the country, we study trends very closely and strive to continually evolve our product offering in relation to the ever-changing market. Our aim is to provide our visitors with a truly international shopping environment. The new extension, innovative designs and retail concepts will offer our customers just that - one of the most rewarding retail ambiance in the country," added Lalic.

The expansion is expected to provide a further boost to Alexandria's economy by generating more than 5,000 (direct and indirect) job opportunities and introducing more than 90 new brands to the centre.

Located opposite the beautiful Alexandria International Park in Egypt, Alexandria City Centre currently offers over 33,000 square metres of sophisticated, contemporary shopping and entertainment. A 14,771 square metre Carrefour hypermarket and over 90 retail outlets are complemented by a Magic Planet, a six-screen cinema and a variety of dining options. In the five years it has been open, Alexandria City Centre has become the lifestyle choice for residents and tourists alike.