ParkLake, a Sonae Sierra and Caelum Development joint venture project, located in District 3 of Bucharest, has signed contracts with Zara, Bershka, Massimo Dutti, Stradivarius, Pull&Bear, Zara Home and Oysho, all of them belonging to the Spanish Inditex Group, as well as H&M, Koton, Maxitoys, and Maxbet, a press release informs.
These brands, among others, will join Carrefour Hypermarket in a comprehensive commercial and leisure offer covering 70,000 sq m gross leasable area (GLA), with over 200 shops, including 23 restaurants, a cinema multiplex and 2,600 spaces of underground car parking.
ParkLake has so far signed and/or committed 70 percent of the GLA. Construction is under way with structural works ongoing.
ParkLake represents EUR 180 million in investment and it will open doors in 2016. The centre will offer a unique, environmentally friendly design and a distinctive mix of leisure and sports features connected with the adjoining Titan Park.