TK Development begins work on Ostrava outlet centre

22
Nov
2017
News - TK Development begins work on Ostrava outlet centre #Czech Republic #development #Ostrava #outlet #retail #TK Development

by Import Sys | Retail

TK Development has received the construction permit for building Outlet Arena Moravia. It will rise in the vicinity of the centre of Ostrava, lying immediately adjacent to the D1 Motorway, on a vacant lot in Hlucinska Street (in the proximity of two traffic arteries, with approximately 60,000 vehicles passing every day).


Construction works are expected to start immediately, and the first phase, offering 11,700 sqm of total leasable area, is scheduled to open next autumn. It will feature 70 retail units and 800 parking places. The centre will also offer such services and amenities as restaurants, cafés, and children´s playground. The centre will also provide shuttle buses services for those not travelling by car.
 
Outlet Arena Moravia, with its concept and design, has been inspired by the Fashion Arena outlet centre built by TK Development in Prague-Sterboholy ten years ago. Architecturally speaking, it will resemble a big ring with a parking lot in the middle. The design has been produced by a studio known as dum konstrukce s.r.o. The region has been lacking a similar format outlet centre, designed to sell very high-quality products from previous collections of leading foreign and domestic brands at significant discounts so far.



Latest news


New leases

  • Golden Star Estate has secured two ground-floor tenants at its Warsaw-based Konstruktorska Business Center. 5 SENSES has signed as the new canteen operator, occupying 560 sqm of ground-floor retail space. Concurrently, CONTRACT Meble Biurowe has extended its commitment to the property. The firm, which has operated a publicly accessible showroom at the site since 2021, renewed its lease for 350 sqm on the ground floor.
  • American retailer GAP entered the Romanian market at Fashion House Militari, followed by the launch of an Italian Stefanel store at Fashion House Pallady, with a further Stefanel location scheduled to open shortly in Militari.
  • Primark will launch its first retail location in Craiova in early June. The 3,185 sqm store will be situated within ElectroPutere Mall and marks the retailer’s fifth unit in Romania.

New appointments

  • Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.
  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.
  • Czech investment group SCF has expanded its team by appointing Jan Simandl as Senior Leasing Team Leader. In this role, Simandl will oversee leasing activities across the company’s commercial property portfolio. He previously worked for CPI Property Group and CBRE.


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