Redevco Retail Belgium has completed its retail park redevelopment project at Oudenaardsesteenweg in Ghent Zwijnaarde.

Redevco Retail Belgium has completed its retail park redevelopment project at Oudenaardsesteenweg in Ghent Zwijnaarde.

Redevelopment work on the site started after French group Carrefour closed its hypermarket there at end-July 2010. The property was divided into two large stores and Redevco signed contracts with two large retail chains, the Delhaize Group and the Media-Saturn Group, which between them will lease a total of 7,377m2 at the completely renovated site.

The structure of the building, which dates from the early 1970s, was retained but completely dismantled and rebuilt to provide space for a 2,500 m2 Red Market - the Delhaize Group’s new supermarket concept - and a Media Markt covering 4,878 m2, which is set to open on 28 November 2012.

The design is by Abscis Architecten. The main contractor is Bouwbedrijf Juri.

Redevco Retail Belgium is both the developer and owner of the property.