The Avenues is one of the most momentous development in the retail industry of Kuwait. It is set to elevate the shopping experience in Kuwait to international levels and will establish new benchmarks and standards throughout the industry.

Completed  in  April 2007, and April 2008 for Phases I & II respectively ,  it has a number of features that places a shopping trip to The Avenues not only above that of its competitors, but also many international shopping malls:

  • It’s size allows it to offer shoppers the greatest variety of brands and stores available anywhere in Kuwait with the addition of new brands.
  • The Avenues is easily accessible from anywhere in Kuwait City in a location that minimizes traffic congestion and travel time.
  • It offers visitors more parking spaces than any other mall in Kuwait and exceeds international norms for parking provision.

Anchor tenants so far are Carrefour, Ikea, 10 screen cinema   “Cinescape ’’ as well as Al Shaya Group. In Addition to this, The Avenues offers it’s shoppers around 250 stores, 35 restaurants, cafes and coffee shops, a family entertainment center and a food court that is veritable Theatre of Food. The extent of demand for space in the mall is borne out by the fact that the developer have had in excess of 700 applications from prospective tenants.

The mall, which is  the largest in Kuwait by a considerable margin, is being developed by Mabanee Company on a 425,000 m2 divided into 3 phases in the Al-Rai Area. The site is bounded by Fifth Ring Road to the south, Al-Ghazali Expressway to the east and mohammed bin Al-Qassim Street to the west.

Upon completion of The Avenues will have:

  • A gross built area of  almost 1,000,000 m2
  • Retail gross Leasable area (GLA) of 330,000 m2
  • Parking for more than  14,000 cars

The development of the remaining phases is currently under progress by the master planners and consultants and completion of the project is set for 2011 .


 
Al-Rai newspaper 14.02.2008(KD18 Million, the profit of Mabanee)

Al-Qabas- 1st July 2008-Mabanee Make an offer to buy whole shares of Al-Rai Logistic

Al Watan-14 July 2008- Mabanee.The Avenues Continues to take the lead in Mall Innovation

Al Wasat-24 Sept 2008-Mabanee Announces Information about Phase 3 of the Avenues

Al Wasat-24 Sept 2008-Mabanee Hosts annual Ramadan Ghabqa

Kuwait Times-24 Sept 2008-Mabanee Hosts annual Ramadan Ghabqa

Al-Watan -4 Nov 2008- 36.8 fils per share profit of Mabanee