Redevelopment of Atrium Promenada in Warsaw to be well underway
22:05
The redevelopment of Atrium Promenada in Warsaw is well underway. Over 80 percent of the redevelopment is now pre-leased. Upon completion, the refurbished flagship of Atrium European Real Estate's portfolio will be the newest center in Warsaw housing over 150 retail and service units in the latest concepts. The completion of the renovation is on scheduled to open second quarter of 2023.
The refurbishment, which began in February this year, includes the comprehensive reconstruction of the interior of Atrium Promenada on the side of Jana Nowaka Jeziorańskiego Street and the remodeling of the entrance to the shopping center from this street. Ultimately, the gallery will offer over 90,000 sqm of modernized retail space, which constitutes over 150 opened retail and service units available to customers as early as spring 2023.
“I have no doubts this will be one of the most successful retail projects in Warsaw. Perhaps even the best. With the newest store concepts, modern design, atmosphere and an intense community engagement program. The catchment is continually growing, densified with new apartment areas for young families with high purchasing power and strong demand for entertainment and leisure time. Warsaw is the city to grow our business. We are strong here with 5 shopping centers and we know what works for each catchment. The modernization of Atrium Promenada is attracting strong interest from tenants,” Scott Dwyer, Group Managing Director – Retail, Atrium European Real Estate, said.
(WBJ)