On 25thOctober 2013, less than two years after the ground breaking ceremony took place on the site formerly known as “”Wolny Tory”” (Unused Railway Tracks), the impressive 58,000 sq metre Poznan City Center is opening its doors to the public. Residents and tourists visiting Poznan will now be able to enjoy a combined shopping centre and transportation hub. More than 6,000 personnel were involved in the construction of the project, a joint venture between Europa Capital, TriGranit and PKP with an estimated 2,500 jobs being created for the local economy in this fine example of a regeneration project.
The retail and leisure offer within the centre encompasses 230 shops and 35 bars, restaurants and cafes over three levels with two food court areas. Key tenants new to Poznan include Sportsdirect.com, Toys “”R”” Us and North Fish with other large anchor stores including Royal Collection, TK Maxx, H&M, Saturn, Piotri i Paweł. The centre’s food offer includes popular names such as Pizza Hut, McDonalds, KFC, and Burger King.
The integration of the Poznan Glowny railway station as well as a 19 terminal bus station ensures excellent public transport links with the additional benefit of an adjoining tram stop. The newly created road network provides 3km of cycle paths and easy access into the centre with parking for 1,500 vehicles and a spacious and secure bicycle station.
James Pennington, Europa Capital said: “”We are very proud of what has been achieved at Poznan City Center and believe this excellent development will change the face of retail in central Poznan. I firmly believe that having secured a vibrant mix of retailers and benefitting from excellent transportation links, Poznan City Center will provide a convenient yet exciting shopping experience to residents and visitors alike.
Sandor Demjan, Chairman of TriGranit Development Corporation, said: “”Poznan City Centre’s excellent location and accessibility, as well as the rich retail and leisure facilities on offer, will provide visitors with a unique experience right in the heart of the city. This project clearly demonstrates TriGranit’s expertise in developing existing central train stations and reshaping them into exciting new city centres, having gained experienced know-how from our involvement in WestEnd City Center, Budapest and Emonika City Center, Ljubljana.””
About Europa Capital:
Since 1995, Europa Capital’s Principals have collectively raised 7 real estate funds and committed to over 75 transactions totalling some €7.0 billion across 18 European countries.
The Europa Funds benefit from Europa Capital’s established network of partners across Europe who co-invest in acquisitions made by the Europa Funds. These country and joint venture partner relationships in some cases extend back more than 20 years.
Further information can be found www.europacapital.com
Europa Capital is a member of The Rockefeller Group (“”RGI””). RGI is a strategic investor alongside Management. Europa Capital Partners LLP and Europa Capital LLP are authorised and regulated by the Financial Conduct Authority.