Auchan hypermarket to open in Prospect, Kiev’s new shopping and entertainment center (UA)

A partnership agreement has recently been signed between Comfort Market Luks – the investor of the project – and the Auchan international hypermarket chain. The agreement has been signed under common control of Arricano Group – the developer of the project.

Prospect will be located at the intersection of Chervonotkatska and Chervogvardiyska streets and Gagarin Avenue in Kiev, 300 meters from the Chernihivska metro station. When it opens in fall 2014, the new shopping center will be the largest shopping venue on Kiev’s left bank.

The total area of the mall is 85,500 m², of which Auchan will occupy 11,000 m². The majority of the more than 1,500 parking spaces in Prospect will be located on the building’s roof to significantly increase pedestrian and park areas.

“This will be not only the largest complex in the left bank, but also a place for quality family time and affordable shopping,” said Arricano Group CEO Emil Budilovsky. “In Prospect, we are implementing a number of innovations which we plan to unveil closer to the opening. Today, our key achievement is having Auchan as a partner in this project. In fact, this is a continuation of our long-standing cooperation with Auchan, one of the worlds’ most respectable international retailers. Together, we will be able to contribute to both the infrastructure and the revenues of this shopping and entertainment facility.”

“With Prospect, our strategic objective is not only to create comfortable environment for tenants and their customers, but also to satisfy the existing demand for a high-quality shopping & entertainment venue in the left bank of Kiev. We see Prospect as a significant contribution to the development of the social infrastructure of the capital’s left bank as well.” added Budilovsky.

The design of the Prospect shopping center was created by Spain’s Chapman Taylor, known for a number of successful projects in this segment.

“Lease agreements have already been signed with a number of large tenants, including 'Etoile (Brocard), Sportmaster, S'Oliver, In City, Yves Rocher, Il Molino, and Sushiya. The presence of an Auchan hypermarket in Prospect appears to be quite natural. The largest shopping and entertainment complex on the left bank needs to have a hypermarket from one of the leading international chains,” said Julia Schastliva, Head of Leasing for Arricano Group.

Source: Arricano

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