Corvin Atrium shopping center opened yesterday (October 26, 2010). A prime location, avant-garde architecture, customized services, a highly varied and original retail mix, a commitment to responsible citizenship: these are what define this new shopping center, located in the heart of the Hungarian capital.
A unique location in the heart of an ambitious urban renewal program
In the center of a catchment area that contains nearly 650,000 inhabitants, Corvin Atrium enjoys a prime location in one of Budapest's most densely populated districts. The center is perfectly accessible via existing mass transport lines. Two light rail stations and one subway station (and a second one under construction) provide a daily flow of an estimated 400,000 commuters. In addition, 87,000 vehicles use the thoroughfares that take them past the shopping center daily.
Corvin Atrium is an integral part of the largest urban renewal project currently underway in Central Europe. The Corvin Promenade Project is being carried out in the district of the celebrated theater of the same name, which was recently transformed into a movie house (800,000 visitors a year). Covering 22 hectares, the global project also includes the construction of 2,800 new apartments, 150,000 m² of office space, including a science hub, and 10,000 m² of public space surrounded by 20,000 m² dedicated to leisure and recreational pursuits.
Earlier this year, on September 25, the International Property Awards elected the Corvin Promenade Project the best mixed-use development project in Europe.
An unrivaled retail mix
Corvin Atrium offers its clients an unrivaled range of retail choices inside the Hungarian capital, spread over 34,600 m² GLA that includes a supermarket, nine mid-sized units and 90 smaller shops.
A number of local and international retailers have chosen Corvin as the focal point for their expansion in Hungary:
· CBA (3,600 m²), Hungary's top supermarket chain, is opening the largest downtown city supermarket at Corvin, while the German group Müller (1 479 m² drugstore) is inaugurating its first store in Budapest.
· H&M (1,738 m²) is also present in the center, alongside Electro World (1,632 m² appliance store), New Yorker (1,365 m² clothing store), Hervis (1,136 m² sporting goods store) and Alexandra (1,988 m² café plus bookstore, a new concept)
· C&A, Mango, Levi's, L'Occitane, Yves Rocher, Subway and Jean's Club are also featured retailers at Corvin.
A new shopping experience for shopping center clients
The client was the number one concern of the project's designers, Mérték Studi
The Exchange due to open in September (IE)