Euro Mall Hradec Králové Real Estate, a joint venture consisting of TK Development, Heitman Central Europe Property Partners II and GE Real Estate, has announced that construction of a 10,000-m² extension to Futurum Hradec Kralove shopping center began effective January 2011.
Futurum, certainly the main shopping center for both the Hradec Kralove and Pardubice regions, is centrally located near city's main traffic circle with easy access to cars, public transportation and pedestrian traffic. Since its opening in 2000, the shopping center has enjoyed an average of 6 million customers per year patronizing the existing 67 shops as well as hypermarket, Tesco and multiplex cinema, Cinestar.
Current tenants, New Yorker and Intersport have indicated they will take advantage of the mall's extension to significantly expand their sales areas, while leading retailers including H&M, Kappahl, Lindex, Springfield, s.Oliver, Takko, Adidas, Nike, Alpine Pro and others have signed the future lease contracts.
Construction of the expansion will be managed by TK Development, built by general contractor, Gemo Olomouc, and designed by architecture firm, KRR Architektura.
Source: Crest Communications