Project developer Multi Development Corporation has been nominated for the European ICSC Award for the sixth consecutive time. This time the nomination is for the FORUM ALGARVE shopping centre in the Portuguese town of Faro. This shopping centre, the only one of its kind in southern Portugal, was opened in March 2001.
Forum Algarve is the largest shopping centre in the Algarve (40,000 m2) with 100 shops, 20 restaurants, nine cinemas and the first hypermarket in the region. Forum Algarve soon proved to be a huge success, attracting large numbers of visitors from among both residents and (golf) tourists. The design is inspired by the typical architecture in the Algarve. The complex is surrounded by a wall resembling that of a medieval castle. It has three towers: a clock tower, a bell tower and an Arabic tower. In the middle there is a large open village square surrounded by shops on two levels and a food court. The shopping centre is luxurious including many works of art, waterfalls and plants. Visitors to Forum Algarve can shop in a modern environment which blends in well with the southern atmosphere of the Algarve.
The winning project will be announced in April 2002 during the annual ICSC European Conference (International Council of Shopping Centres) in Monte-Carlo. The ICSC Award is the most prestigious award for projects involving the development of shopping centres and is presented annually to the best shopping centre in Europe. Over the last five years, the following MDC projects have been nominated for the award: Beursplein Rotterdam (1997), Kalvertoren Amsterdam (1998), Forum Aveiro (Aveiro, Portugal, 1999), ArmazÃ©ns do Chiado (Lisbon, Portugal, 2000) and Clemens Galerien (Solingen, Germany, 2001). The projects in Rotterdam, Amsterdam and Lisbon were the final winners while the other two received an ICSC commendation.
See also www.multidevelopmentcorp.com/graphics/multi_logo.gif>.
(source: Mullti Development Corporation)