Mall of Plovdiv to open doors by Autumn 2008
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The construction of Mall Plovdiv has started in 2006. The development is located on a footprint of 17 000 sq.m. Investors of the stately project are the Israeli Aviv Group Corporation and Cinema City International, which are also investors of Mall of Sofia.The trade complex is situated on the Ń‚errain of 17 000 sq.m. between ‘Freedom’ Boulevard and ‘Perushtitsa’ Street in the city of Plovdiv. The total investment in the development will be about 40 million euro, the Executive Manager of the project Petar Dydolenski said.The mall, comprising 1 underground and 3 above ground floors, will have a built-up area of 45 000 sq m. A hypermarket with total area of 3000 sq.m., an open - door café, a pharmacy, a bank and a fashion boutique will be placed on the ground floor. A specious store for white and black electric appliances, with total area of 1000 sq.m. will be located on the first floor. The second floor is intended for amusement and places of entertainment. A fast food, a big restaurant with open terrace, a bookstore, music shop and children’s playground will be placed there. A large multiplex with 12 cinema halls will be situated in the Mall of Plovdiv as well. The complex will have on its disposal a specious parking with 700 parking lots. More than 50% of the trade areas of the Mall are already reserved. The total rent area of the trade centre is about 22 000 sq.m. The complex won’t be offering any office area.The square surface of the different stores is between 20 and 3000 sq.m. The biggest tenants are Cinema City (more than 3000 sq.m.), Piccadilli (2400 sq.m.), Technomarket (1500 sq.m.) and Happy (more than 650 sq.m.). The contracts are long – term ones, with a period of time between 5 and 10 years. The rent prices are not specified, they will depends on the tenants' specifications, the business activity and turnover and the location of the relevant trade area. It is expected 100 % of the trade areas to be reserved by the end of 2007. The entire infrastructure around the complex is already done. Two new streets, new water-mains and sewerage are constructed around the development.
Source: www.bgp.bg |
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