TKD plans new generation of retail in Białystok
The developer has the building permit and is about to start construction but hasn't revealed the total value of the investment. The new shopping mall is scheduled for opening in the summer of 2007. Polnord SA has signed a zł.169 million contract for the construction works.
The shopping center, with a total space of around 45,000 sqm, will host 90 shops, boutiques and service outlets, a bowling alley, a food court and an eight-screen cinema. The developer has already signed contracts with three anchor tenants, Real hypermarket, Media Markt, and Kinoplex. Other tenants will include Vero Moda, Monari, Orsay, Carry, CCC, Exe Jeans, House, Taranko, Vobis and Zibi.
"The Biała Gallery will be the first third-generation shopping center in the city. Its location seems to be the key factor of the project's success because other Bialystok projects are planned to be located either in the center or in the northern part of the city," says Monika Szostek from TK Polska Operations SA.
The new retail development, managed by a company co-owned by Meinl European Land and TK Development, will be located in the southern part of the city near ul. Mickiewicza, ul. Augustowska and the city's ring road. Additionally, TK will invest zł.17 million in the construction of an 800-meter long dual carriageway, which will be a section of Trasa Kopernikowska and provide direct access to the shopping center.