TCN, Van Ginneken and Volker Wessels sign agreement for redevelopment of Pakhuismeesteren (NL)

On Tuesday, 28 November, 2006, TCN Property Projects, Van Ginneken Vastgoed and Volker Wessels Bouw & Vastgoedontwikkeling have signed an agreement for the redevelopment of the 'Pakhuismeesteren' warehouse, located at the Wilhelminapier in the city center of Rotterdam. The total investment amounts to more than €20 million.

The ground floor and first floor of the former warehouse will be transformed into a 'Brandfactory' offering 5,800 m² GLA. Brandfactory is a new retail concept developed by TCN, that brings together several flagshipstores. On the third and top floor 24 lofts will be developed around a central garden.

The construction works of the redevelopment project will start before the summer of 2007. The official opening of the new Pakhuismeesteren is scheduled for the end of 2008.

Source: TCN

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