German shopping centre developer-owner ECE has announced the main structure for its Árkád Örs vezér tere 2 shopping mall in Budapest has been completed. The company held the topping out ceremony on 31 August.
German shopping centre developer-owner ECE has announced the main structure for its Árkád Örs vezér tere 2 shopping mall in Budapest has been completed. The company held the topping out ceremony on 31 August.
The mall involves an investment of EUR 80 mln. It will offer 20,000 m2 of rental space on three floors, and is due to open its doors to the public in March 2013. After that, modernisation work will start on the Árkád 1 mall, which is scheduled to last until September 2013.
Once both buildings have been completed, the total rental area of 68,000 m2 will make them the largest retail area in Hungary with space for around 200 stores, cafes, restaurants, and other service providers as well as more than 1,600 parking spaces for visitors.
