Fourth Atut shopping center planned for Kraków

Investor KG Group is planning another Atut-branded convenience shopping center project in Kraków, which will be located in the Bielany neighborhood in the western part of the city. The scheme will be developed in two phases and will offer a total of almost 3,800 sqm of leasable space, with the opening having been scheduled for the final quarter of this year. The development is the fourth Atut-branded investment to have been announced in Kraków in recent months. In November last year, KG Group launched the construction work on its first project of this kind in the city, which is being built in the Prądnik Biały district. The scheme will offer 3,500 sqm GLA and should be ready in the third quarter of this year. Earlier this month, the company announced that Atut shopping centers will also be developed in the Ruczaj district (7,500 sqm GLA, scheduled for completion in Q2 2018) and in the Złocień neighborhood (3,000 sqm of leasable space, scheduled to open toward the end of this year). At the moment, there are five operating Atut-branded convenience shopping centers in Poland, which are located in Sosnowiec, Łódź, Jaworze, Węgrzce near Kraków and Pruszków.