Page 63 - February 2021

EtElE plaza Nivy StatioN
Budapest, Hungary Bratislava, Slovakia
Developer: Futureal Developer: HB reavis

EuropE
Due to open in March by developer Unibail-Rodamco- Currently under development by Futureal in Budapest’s
Westfield, the Westfield Mall of the Netherlands will be an Kelenföld area, Etele Plaza has already reached an occupancy
innovative, unique retail, dining, leisure and entertainment rate of over 75 per cent ahead of opening in Q3 of this
destination that will completely redefine the traditional year. The shopping centre will feature every Inditex brand
Dutch shopping centre. Fashion, food & dining, leisure and available in Hungary and the €300M Etele Plaza is expected
experiences will inspire and delight. Enjoy superior store to open by autumn this year. Spanish fashion giant Inditex
design, quality and service. Iconic flagship stores, inspirational Group’s international brands available in Hungary including
brands, new designers, independents and pop ups will all Zara, Zara Home, Stradivarius, Pull&Bear, Bershka, Oysho
be found here in one destination. It will be an entertaining, and Massimo Dutti have joined the scheme as anchor
contemporary and eco-friendly environment with innovation tenants. These latest store design concepts will take a total
at its core to make it not only best in class but also the future floor area of more than 6,300sq m.
of retail. Tbilisi Outlet Village, under development by Georgian
EPP is the developer of Towarowa 22, which is set to be Outlets & Resort Group (GORG) and The Outlet
the largest mixed-use project in the centre of Warsaw and Resource Group (TORG), is being built as the very first
is being constructed on a site of 6.5 ha in Wola, which is the outlet at the cross roads of Europe and Asia. Opening this
fastest growing area of Warsaw. With a total of 105,000sq year, the scheme will ultimately include 110 units spread
m retail GLA, the project complements the restoration of across 20,000sq m GLA, with 70 stores across 12,500sq m
the pedestrian streets of historic Warsaw with a mix of opening in the first phase of the project. The brand mix is
apartments, shops, workplaces and cafes; whilst at the heart targeting an unparalleled selection of international designer
of the development will be a public park. The scheme will and mainstream brands mixed with a curated set of local
also be a cultural centre with the inclusion of a theatre as heroes, offering something unique to both domestic
well as Poland’s only festival cinema. shoppers and tourists.
At 158,000sq m, St James Quarter is Edinburgh’s largest Corso Buenos Aires 59 is the major part of developer
development in a generation and is currently one of the UK’s MARK’s extensive renovation project in Milan – to deliver
largest regeneration projects. Occupying a prime location at a functional and appealing retail scheme in the heart of
the heart of the city centre the mixed-use destination will the Italian capital. Spanning over 8,000sq on an imposing
provide 79,000sq m of retail space, including John Lewis, Zara, corner position, the project will be an unparalleled new
Mango, Next and Boots, complemented by living, leisure and retail destination, urban and regional, with emphasis on
entertainment. The scheme includes a Roomzzz Aparthotel, best-in-class retail and great connectivity to the most
152 apartments by Native Land, 30 restaurants and other popular areas of Milan. One of the major strengths of the
places to eat including a food hall, and a five-screen Everyman scheme is the synergy between retail – Corso Buenos
cinema. Once open, the site is forecast to attract the highest Aires 59 – and residential – the 21,000sq m Corti
footfall of any retail and leisure destination in Scotland. Segrete – which is located directly behind and above the
The Battersea Power Station scheme has been opening retail elements.
in phases for some time, such is the scope of the project, Commercial real estate specialists Redevco have entrusted
but this year marks an important milestone as the key retail the development of the “Le 31”, a commercial and multi-
element of the scheme is set to be launched in the Grade functional space which is located at 31 rue de Béthune, in
II listed building. Under development by Battersea Power the historic heart of Lille, France to VINCI Immobilier. With
Station Development Company, the retail arm of the site a total surface area of 25,000sq m, the mixed-use project
is set to house such iconic names as Hugo Boss, Jo Malone will include shops, offices, a four-star hotel and a car park.
London, Uniqlo, MAC Cosmetics, Space NK, Watches of The total surface area of the retail offer will be voluntarily
Switzerland, Finlay, Royal Selangor and operator Archlight re-sized so that the building once again becomes the real
Cinema among others. Once completed, the iconic landmark driving force behind rue de Béthune and the city centre. All
will be home to more than 100 shops. the elements of the project are expected to be open to the
Nivy Station in Bratislava, Slovakia isn’t unique in only one public by the end of H1 this year.
way. It is a combination of many important features in one Galataport Istanbul is set to this year offer a brand new
concept combining a traffic junction, traditional retail and living space for local and foreign tourists and current
modern retail trends with fun, lifestyle and breakthrough residents with its port terminal, private restaurant chains,
concepts along with a market and a green roof. The scheme, cafes, world-famous brands and office areas. It is a
being developed by HB Reavis will include 70,000sq m of worldwide project that will give life to the coastline from
well-designed shop space for a mix of brands with plenty Karaköy Pier to Mimar Sinan University Fındıklı Campus. In
of space for good navigation. There is also 30,000sq m of short, the upcoming project by developers Do€us Group
office space, a 3,000sq m market, a 30,000sq m bus station, a will bring back one of the most beautiful areas of Istanbul
12,000sq m green roof and 2,150 parking spaces. to the city with a modern perspective.
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