Italy's Settimo Sviluppo has unveiled plans to develop a 91,000 m[sup]2[/sup] retail park in Settimo Torinese, on the outskirts of the Italian city of Turin. The Settimo Cielo scheme will become the largest retail park in Northern Italy after completion in 2011.
Italy's Settimo Sviluppo has unveiled plans to develop a 91,000 m2 retail park in Settimo Torinese, on the outskirts of the Italian city of Turin. The Settimo Cielo scheme will become the largest retail park in Northern Italy after completion in 2011.
The property, which will represent an investment of around EUR 250 mln, is a partnership of Turin-based Euroedes and France's Compagnie Financière Frey, and will be developed by shopping centre specialist Promocentro Italia. The project will consist of five buildings offering retail and leisure space as well as a commercial gallery and food court. It will include 4,800 parking spaces.