News Article LCP Property M Park Poland Pomerania retail
by Property Forum | Retail

LCP Properties has officially opened its 48th retail park under the M Park brand in Poland, which is also the fifth in the Pomeranian region. M Park Reda has a total of 4,433 sqm of GLA space with 13 tenants. Development works began in mid-May 2023, and the general contractor of the project was STB Budownictwo.

M Park Reda, which consists of two buildings, A and B, is located at Handlowa Street, right next to the existing Lidl store. For the convenience of visitors, there is a parking lot for 95 cars.

LCP's latest investment is not only the 48th Retail Park under the M Park brand in the entire portfolio in Poland, but also, after Rumia, Starszyn, Gdynia and Puck, the fifth M Park in the Pomeranian region. The catchment area of the newest M Park LCP, calculated within 20 minutes of reaching the property, is estimated at over 160,000 customers.

The tenants of M Park Reda include brands such as: TEDi - 933 sqm, Action - 862 sqm, Sinsay - 555 sq m, Rossmann 457 sq m, CCC - 457 sqm, Maxi Zoo - 351 sqm, Hebe 290 sqm, Żabka – 81 sqm, Verona – 66 sqm, local pastry shop Hintzke – 71 sqm and the second pizzeria in the city, Casa di Paolo – 144 sqm.

“Today we are presenting a new, fully commercialized, unique retail park to the residents of Reda and the surrounding area. A facility with a carefully matched offer of tenants, and thus the potential to become a key and favorite shopping place on the local shopping map", commented Magdalena Kowalewska - Kasperowicz, Chief Operating Officer, LCP Properties in Poland, during the opening ceremony. “M Park Reda is another milestone in our journey towards becoming a leader on the Polish retail park market. The experience we gain along the way allows us to better adapt our format to the flexible expectations of tenants as well as customers of our M Parks", she added.

Moreover, in each M Park implemented, emphasis is placed on ecological aspects, including the installation of, among others: electric vehicle charging stations - in the case of Reda, there are four such places. Moreover, the roof in this project was prepared so that photovoltaic panels could be installed on it in the future.