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Fashion House Warsaw to start construction

The Swedish trendsetters are also incidentally the last in Factory, as the center is now 100 percent leased.

Meanwhile, The Outlet Company (TOC), an alliance between the Flemish project developer Liebrecht & wooD and a team of British outlet specialists, has announced its third investment in Poland, after Sosnowiec in Silesia and Gdańsk.
Fashion House Warsaw, a shopping and recreational complex, will to combine entertainment with price-conscious shopping. With the building permit secured, the investors are planning to start construction soon and have scheduled the opening of the retail center for November this year.

The Outlet Company has been operating on the Polish retail property market for five years and in 2003 TOC opened Fashion House Sosnowiec.
"This complex was only the beginning of The Outlet Company's expansion plans in Poland and Central Europe," said Patrick Van Den Bossche, director of The Outlet Company. "In September this year we started the development of Fashion House Gdańsk, where the opening is scheduled for July 2005."

Fashion House Warsaw will be located to the South Western boundaries of Warsaw, in gmina Piaseczno, at the crossroads of Puławska and Energetyczna. Fashion House Warsaw will occupy a site of approximately eight hectares. CB Richard Ellis has been appointed Fashion House Warsaw's exclusive marketing and leasing agent.

"We are glad that the outlet centre concept generates interest from tenants and customers alike. 90 percent of the shop space of Fashion House Sosnowiec is already leased. During the first week, 40,000 people visited this centre," said Anna Wysocka, retail department manager at CB Richard Ellis.

The total surface area of Fashion House Warsaw will be 23,900 sqm with Phase I to comprise around 12,000 sqm. The site will feature a roofed mall with more than 80 shops plus some cafeterias and restaurants offering over 200 seats in total. More than 1,200 vehicles will find space in the center's parking lot.

One of the trademarks of all TOC projects so far has been the theme approach, with the inspiration coming from local traditions and landmarks. In Fashion House Gdańsk, for instance, the nearby port was taken as the source of inspiration and the centre has been designed as a fishing village. The Warsaw Outlet Centre is designed around the concept of Warsaw's Old Town.

"We believe that this unique architecture and atmosphere will please tenants, customers and Piaseczno residents alike," said Jan Demyere from the Belgian architects firm "The Office", who designed Fashion House Warsaw.

TOC will also invest over E1 million in public infrastructure. They will rebuild the crossing of ul. Puławska with ul. Energetyczna and redevelop ul. Energetyczna with a two-lane roundabout and intelligent traffic lights that will guarantee a smooth flow of traffic from and to the shopping centre.

The Outlet Company is planning to build more outlet centers over the next few years, in Wrocław and Poznań.
(M.L.)

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