Nowy Rynek shopping center with general contractor

Developer TK Development has selected Erbud to be its general contractor for the construction of the Nowy Rynek shopping mall in Jelenia Góra. The scheme has been granted a building permit. The contract is worth PLN 133 million, with the center set to adjoin the city’s coach station. “The agreement with Erbud has been signed on schedule and is another milestone for the Nowy Rynek shopping center,” said Jarosław Lipiński, head of leasing and development at TK Development. The investor behind the scheme, Heitman, owns 70 percent of the project, while 30 percent will be held by TK Development. The entire scheme is valued at €55 million. The mall is scheduled to open in October 2015 and is currently 50 percent leased, anchored by supermarket Intermarché. The list of tenants to date includes: electronics store Avans, drugstore Rossman, jeweller’s Apart, footwear retailers CCC and Deichmann, fashion brands H&M, Reserved, Mohito, Cropp Town, Stradivarius, Bershka, Sinsay and House, as well as furnishings store Home&You. /bks/jb