Parkridge focuses on retail
The project, currently dubbed Focus Park, envisages the construction of downtown shopping malls located in city centers that combine commercial, service and entertainment functions and as a result creating 2,800 jobs.
The first Focus Park, worth zł. 200 million, will be constructed in Białystok. This project is at an advanced stage, while the other projects are still in the planning phase. Presently, negotiations are also very advanced in Bydgoszcz, Zielona Góra and Rybnik. Recently, Parkridge has unveiled three pre-lease agreements for the planned retail developments in Bydgoszcz and Białystok. Vision Express decided to take 140 sqm and footwear store CCC took 452 sqm in Focus Park Bydgoszcz, an 86,500 sqm, three-storey shopping centre, which is due to open in 2006.
Meanwhile the jewelry retailer Apart has signed an 87 sqm lease to operate in Focus Park Białystok, which will also be completed next year.
Parkridge CE Developments also operates on the Polish industrial property market and invests in logistics centers. The first investment in this field took place in Dąbrowa Górnicza. Further investments will be located in Piotrków Trybunalski and Kąty Wrocławskie. In total, Parkridge CE (Parkridge CE Developments and Parkridge CE Retail), together with Morley Fund Management, will invest zł.1.6 billion in the next few years.
The first Focus Park, worth zł. 200 million, will be constructed in Białystok. This project is at an advanced stage, while the other projects are still in the planning phase. Presently, negotiations are also very advanced in Bydgoszcz, Zielona Góra and Rybnik. Recently, Parkridge has unveiled three pre-lease agreements for the planned retail developments in Bydgoszcz and Białystok. Vision Express decided to take 140 sqm and footwear store CCC took 452 sqm in Focus Park Bydgoszcz, an 86,500 sqm, three-storey shopping centre, which is due to open in 2006.
Meanwhile the jewelry retailer Apart has signed an 87 sqm lease to operate in Focus Park Białystok, which will also be completed next year.
Parkridge CE Developments also operates on the Polish industrial property market and invests in logistics centers. The first investment in this field took place in Dąbrowa Górnicza. Further investments will be located in Piotrków Trybunalski and Kąty Wrocławskie. In total, Parkridge CE (Parkridge CE Developments and Parkridge CE Retail), together with Morley Fund Management, will invest zł.1.6 billion in the next few years.
