EPP and Echo Investment to open new Warsaw shopping centre

02
May
2019
News - EPP and Echo Investment to open new Warsaw shopping centre #development #Echo Investment #EPP #mall #Poland #shopping #Warsaw

by Property Forum | Retail

225,000 sqm of total space, 82,000 sqm of GLA with 76,000 sqm allocated to retail and F&B, 6,000 sqm of office space, over 200 shops and 36 restaurants, the tallest shopfront windows in Poland (over 7 m high), 10 screen multiplex cinema with comfortable, recliner seating, a 200 sqm stage/event area, 2,500 sqm green terrace area, 2,000 parking spaces, 20 coworking spaces – these are some of the numbers which can be used to describe the Galeria Mlociny shopping centre which will open on 23 May.


Galeria Mlociny's investors include EPP (70% of shares) and Echo Investment (30% of shares). While the former will manage the newly opened complex, the latter was fully responsible for the development process and leasing.
 
The design project of Galeria Mlociny was created by two architectural studios – Kurylowicz & Associates and Chapman Taylor.
 
Galeria Młociny is the first shopping centre combining modern fashion offering and a high-quality Hala Koszyki style food hall. A key executive behind Warsaw’s Hala Koszyki has created what’s sure to be the city’s new hotspot for foodies. The restaurant and entertainment space – which occupies the entire second floor level and is connected with the roof garden – has been divided into various functional zones. Architects from Broadway Malyan studio recreated the atmosphere and ambiance of cozy pubs, street cuisine, dining out in the city, the experience of outdoor dining, and eating outside in green and leafy surroundings.
 
An attractive gastronomic area located on the 2nd floor and occupied by 36 restaurants, has been divided into several zones: Hutnik Hall – its industrial-themed design reflecting the proximity of the Warsaw Steelworks site, Dechy – dedicated to those seeking entertainment, and Carousel, created with children in mind. The designers of the location also created an open area full of greenery, offering a space for relaxation on the gallery’s roof. This garden area, which is functionally connected to the other zones and contains over 1500 plants and trees, will allow guests to enjoy the panorama of the district. The entire area, with its dozens of restaurants, pubs and cafes, will close the F&B offering gap in the north-western part of Warsaw.
 
The shopping centre will host the first 3D cinema in Bielany with ten screens, and a double-floor fitness and bowling area. Galeria Mlociny will also boast over 6,000 sqm of office space leased by the Inter Cars company.
 
There are currently more than two thousand people in the construction teams currently working on the investment property. Its façade is fully ready and works related to the development of the shopping centre’s immediate vicinity are being finished. Tenants who have taken over their locations are in the last stages of preparations before the opening. The general contractor for the investment is Erbud.
 
The shopping centre is being built in close proximity to the Mlociny transport hub. It’s also the busiest transfer point for the northern part of the city and Warsaw’s neighbouring towns, which is used by over 24 million passengers every year.



Latest news


New leases

  • International retailer MR.DIY has joined the tenant mix of the Plejada Shopping Centre in Sosnowiec. Its new 700 sqm store will significantly enhance the shopping centre’s offering of household products and everyday essentials. Cushman & Wakefield is responsible for the leasing and comprehensive management of the property.
  • Hotspot Workhub, the flexible workspace operator, has renewed and expanded its presence within The Mark office building, owned by CPI Property Group. The lease deal for 2,550 sqm was brokered by iO Partners Romania.
  • Foundever has doubled its footprint to 3,500 sqm within the Bucharest-based Campus 6.3 office building, owned by CPI Romania. Cushman & Wakefield Echinox brokered the deal.

New appointments

  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.
  • BNP Paribas Real Estate Poland has expanded its Industrial and Logistics Agency team with the appointments of Joanna Choromańska, formerly of JLL, and Bartosz Wilczyński, previously with CBRE. The new hires bring a combined 34 years of experience in sector sales, lease negotiations, and build-to-suit project delivery to support the division's ongoing growth.
  • Speedwell has expanded its industrial and logistics team with the appointment of Valentin Achim as Leasing and Property Manager for Industrial Developments. Achim brings extensive experience in coordinating commercial and operational activities within the logistics and industrial sectors. In his new role, he will oversee the development and expansion of the company's Spaceplus platform.


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