Making the Mosty

Alma Market and Cinema City International are the first tenants to reserve space in Płock's Galeria Mosty, scheduled to open in the fall of 2008. The two-storey center will offer a total leaseable area of over 18,000 sqm for some 100 shops. It will also offer a multi-storey parking facility for some 800 vehicles.

The center is located at the intersection of ul. Bielska, ul. Tysiàclecia and ul. Przemysłowa in a popular residential district of the city. According to analysts at King Sturge, Płock holds eighth place in terms of income per capita among Polish cities, owing much of its potential to its proximity to Warsaw (130 km away) and the presence of PKN Orlen, which employs close to 14,000 people in the city.

"Galeria Mosty benefits from its excellent location, accessibility and visibility," said Dorota Flak, a research analyst at King Sturge.

"The simple and interesting design, along with a carefully planned tenant mix will make the scheme the main retail destination in the city," she added.

King Sturge and DTZ are jointly responsible for handling leasing agreements for the project. The current lease agreements involve a 1,600-sqm Alma market and an eight-screen Cinema City complex.

Galeria Mosty is owned by Meinl European Land Group, a real-estate holding company. Agromex Development 1 is the developer of the property while Budoplan is serving as the general contractor.

Last week, Meinl European Land Group held the cornerstone ceremony for the 55,000 sqm Forum Koszalin shopping center in cooperation with Multi Development. Forum Koszalin will open at the end of 2008.