TK Development begins construction of Outlet Arena Moravia (CZ)

TK Development begins construction of Outlet Arena Moravia (CZ)

TK Development has received a construction permit for building Outlet Arena Moravia. It will rise in the vicinity of the centre of Ostrava, lying immediately adjacent to the D1 Motorway, on a vacant lot in Hlucinska Street (in the proximity of two traffic arteries, with approximately 60,000 vehicles passing every day).

 

Construction works are expected to start immediately, and Phase 1, offering 11,700 m² of a total leasable area, is scheduled to open next autumn. It will feature 70 retail units and 800 parking places. The centre will also offer such services and amenities as restaurants, cafés, and children´s playground. The centre will also provide shuttle buses services for those not travelling by car.

 

Outlet Arena Moravia, with its concept and design, has been inspired by the popular outlet centre, Fashion Arena, built by TK Development in Prague-Sterboholy ten years ago. Architecturally speaking, it will resemble a big ring with a parking lot in the middle. The design has been produced by a studio known as dum konstrukce s.r.o. The region has been lacking a similar format outlet centre, designed to sell very high-quality products from previous collections of leading foreign and domestic brands at significant discounts so far.

 

“Building on the great wealth of experience in construction and operation of outlet centres not only in Europe but also in the capital city of the Czech Republic, we are bringing this proven format to Northern Moravia. We are delighted to say that our project is of extremely strong interest to prospective tenants: 70% of Phase 1 has been leased out,” said Mogens Pedersen, CEO, TK Development. “This achievement is certainly also due to the perfect location of the Arena, which will attract Czech customers from Ostrava and adjacent towns, along with those from neighbouring Poland. Moreover, the nearby Beskydy Mountains rank among the most frequented mountain resort destinations in the Czech Republic. This is why we expect that the Arena will be attended by thousands of tourists as well.”

 

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