Major retail project planned for Pabianice

Investor A&A has revealed the details of its planned Tkalnia retail project in Pabianice near Łódź, which is scheduled for completion at the turn of 2018 and 2019. The scheme will be developed on the site of the former Krusche-Ender textile factory and is expected to contribute to the ongoing revitalization of the historic center of the city.

The renovated post-industrial buildings will house approximately 13,000 sqm of leasable space and accommodate around 40 stores, with The Blue Ocean Investment Group acting as the leasing agent for the development. Fashion brands are to account for approximately 60-70 percent of the tenants in the project which will also include a cinema and a parking lot with spaces for 230 vehicles. A&A is planning to launch the construction work on the Tkalnia scheme in the third quarter of next year, said Adrian Majsterek, a co-owner of the company.

The investor is now in talks with banks regarding the financing of the planned development, he added. Pabianice is the second largest city in the Łódź agglomeration. A&A acquired the former Krusche-Ender site in 2006-2007. Focused on the real estate market in central Poland, the company currently offers a total of approximately 250,000 sqm of retail, warehouse, production and office space in 18 revitalized buildings located in and near Łódź.