French EMCT company, which is developing the Sun Plaza mall in southern Bucharest, is now almost done with the project, turning over the space allotted to the hypermarket in Sun Plaza and setting October 29 as the date to inaugurate the biggest shopping complex in the city.
"We have set our landmarks until inauguration: Cora got the space at the beginning of June, on July 31st we are to turn over the space to Mobexpert and a month later to BauMax. The inauguration is scheduled for October 29 and all our efforts are concentrated on opening then after having made a commitment to retailers too," Michael Richard, chief executive of EMCT told ZF.
The owner of the Sun Plaza project, which entails a 200 million-euro investment, is the real estate division of Austrian Erste Group, Sparkassen Immobilien. The complex with a lettable area of 80,000 square metres, the biggest such complex in the country, will have stores opened by Cora, BauMax, Mobexpert and Flanco, a 15-screen cinema with 3,000 seats (Cinema City), as well as stores from such retailers as C&A, Deichmann, GAP and Marks & Spencer.
To complete the project on time, an average of 1,000 people are working on the construction site close to the Piata Sudului underground station every day. The project will be connected to the underground station by a 140-metre long tunnel, where another 18 stores will be opened, whose completion is scheduled for mid July.
It is precisely the proximity of the underground that makes developers optimistic as to visitor numbers, given that about 25,000 people use the station that connects the south of the city to its centre and north – Pipera every day.
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