Colosseum Retail Park has announced its plans for the construction of Colosseum Mall project and the expansion of the existing retail scheme with a new concept. With an investment of €30m planned for this stage of the business development, Colosseum Mall will combine both commercial and office use. The 16,500 m² will include local and international fashion brands, fast food and dining restaurants, fitness centre, play areas for children, casino, lounge bar as well as an ultra-modern 7-screen multiplex cinema. More than 75% of the GLA is under advanced discussion, showing the strong demand for retail in Bucharest. Tthe project will comprise a 1,500 m² area dedicated for A class offices, which will target mainly healthcare providers.
The outdoor parking will be enlarged by 750 additional parking spaces for customers including dedicated areas for people with disabilities, employees, commercial operators, and electric car charging. The total number of car parking will be 2,760 places.
This new project aims to ensure a high level of comfort for its customers and to provide a sustainable water use system, as well as an optimal energy management. In this regard, Colosseum Mall will be developed mainly on a single level, except for the cinema and the fitness complex which will be located above a large food court.
The food court is a major focus of Colosseum Mall and will provide a diverse area for all ages. Outside, there will be an outdoor plaza able to accommodate food markets, outdoor events, concerts, and many other attractions.
The construction of Colosseum Mall will start later this year and the inauguration will take place in the first half of 2019. With the new development, Colosseum Centre will reach 54,500 m² GLA.
“The development of Colosseum Retail Park is due to the good results achieved in the recent years, as well as the increasing demand for commercial spaces in this area of the capital. Our project enjoys the support of both retailers and clients. Our goal is to strengthen and reaffirm the strategic position that Colosseum Retail Park currently has, being the main commercial destination in North-West Bucharest," said Mihai Dinu, Center Manager Colosseum Retail Park.
“Colosseum Mall will be opened in the first half of 2019, bringing a new modern retail concept into the sophisticated Bucharest market. We aim to provide our visitors excellent experiences in leisure including fast foods and restaurants, and fashion provided by the most reputable operators in the market, today. We have received positive answers from the largest fashion and leisure retailers. The Romanian multiplex cinema operator, “Happy Cinema”, and “World Class”, the biggest fitness operator in Romania, will complete the leisure component of the mall. We will announce shortly all our partners in this exciting new and modern project,” added Doinita Ilie, MRICS, Leasing Retail Manager JLL Romania.