Spanish listed retail specialist Riofisa has presented Civis, a new shopping centre to be developed in the Trakiya residential district of Plovdiv, the second-largest city of Bulgaria.
Spanish listed retail specialist Riofisa has presented Civis, a new shopping centre to be developed in the Trakiya residential district of Plovdiv, the second-largest city of Bulgaria.
The shopping mall will form part of a multifunctional project, including offices, three 29-storey residential buildings and a nine-storey hotel, on a total area of 250.000 m2. Construction will start in 2008, and completion is scheduled for 2010. The initial investment for the project comes to EUR 175 mln, excluding the investment for residential units that will be built at a later stage.
The shopping mall will have 250 retail units occupying a gross leasable area of 54,200 m2 on four levels, as well as 2,000 parking spaces. The hotel will be located in a 65-meter-high tower and the offices are to be in a separate 48-meter-high building with six floors.
