During a special ceremony on June 20, 2007, the foundation stone for Prague's new Arkády Pankrác shopping center was laid by project partners Rodamco Europe and ECE Projektmanagement.
Arkády Pankrác shopping center
With around 45,000 m² of floor space housing some 140 retail outlets, Arkády Pankrác will be a major shopping attraction for Prague's largest district, Pankrác, and surrounding areas. The center, in which the partners are investing €100 million, is expected to open in autumn 2008 and bring 2,000 new jobs to Prague. The partners have engaged Strabag as the general contractor.
The benefits to Pankrác will be enormous. The transport links from the district's Pentagon precinct to the urban motorway will be upgraded, thereby improving Pankrác's overall transport infrastructure, and Pankrác will gain a vibrant new retail center, with a wide range of modern fashion stores, a supermarket, cafés, restaurants and service outlets.
Arkády Pankrác will be fully integrated into the Pankrác district's transport infrastructure, allowing more than one million local residents to reach the center within half an hour. The center will also provide around 1,100 parking spaces for motorists, who will be able to access Arkády Pankrác quickly and easily via the 5. kvìtna motorway. In addition, the center will have a direct link to a metro station and be serviced by several bus lines.
Arkády Pankrác will blend in with the modern architectural style of the neighbouring Pentagon precinct. Large glazed areas will integrate the shopping center with its surroundings and lend it an open, airy feel. The plans also include an adjacent office tower, offering ultra-modern, flexible-use office space.
The Arkády Pankrác project is a joint venture between Rodamco Europe and ECE. Both companies already have strong reputations in the Czech Republic as developers and operators of quality real estate projects. Rodamco capitalized in Prague Shopping Centre Èerný Most, Entertainment Centre Èerný Most and Centrum Chodov in Jiní Mìsto, and ECE built the Vankovka shopping center in Brno and is planning to build the Pertýn complex in the center of Liberec.