News Article Acteeum development Poland retail retail park
by Property Forum | Retail

Privately owned real estate developer Acteeum is preparing to launch the development of a new retail park named Ostróda Power Center in Poland’s Masurian region.

Ostróda Power Center will be the first and the largest shopping complex of this type in the region. It will be a facility with a total GLA area of over 25,000 sqm, featuring over 14,000 sqm GLA of a retail park, a stand-alone Home and Garden store as well as additional services such as a drive-thru restaurant, gas station, car wash and about 700 parking spaces. The shopping centre will be located on a plot of over 8 ha. The investment area already has a construction permit, which is currently being adapted to the scope of the planned investment.

“The complex will be developed on the main entrance road to the city centre, directly at the junction of the S7 expressway, connecting Warsaw and Gdańsk, and the S16 expressway leading to Olsztyn and Grudziądz. The location of the facility is also perfectly connected with Ostróda and the region. Ostróda Power Center catchment will cover over 120,000 inhabitants as well as extremely intense transit traffic on the S7 and S16 routes,” says Tomasz Lipiński, Acquisition Manager of Acteeum Central Europe.

“We are very pleased with the rapid progress of our new project in Ostróda. We are also convinced that thanks to the project’s perfect location, its size and a diverse and optimally composed mix of tenants, as well as through quick construction process, our Ostróda Power Center will turn out to be a great commercial success, meeting the expectations of tenants and, most importantly, the residents of Ostróda and the surrounding cities. We see a lot of interest from tenants – as an example I can name the LPP group – with which we are currently concluding conversations on the location of several stores in our Center,” explains Tomasz Jopkiewicz, Leasing Director, Acteeum Central Europe.

The 25,000 sqm GLA of the shopping centre will include, among others, a stand-alone DYI hypermarket, a large grocery supermarket, well-known fashion stores, popular discount chains and an attractive restaurant chain with a drive-thru facility. In addition, the retail park will include a spacious car park for over 700 vehicles, as well as a conveniently located gas station and car wash.

The opening of Ostróda Power Center is planned for the first half of 2022.