To extend the shopping mall, owners had bought the land in the vicinity of the car park, which covers 13,448 square meters, within an investment of over EUR1 million. Extension works are due to start in September 2019 and to be completed on November 30, 2020.
The new building wing will include a hypermarket, new retail spaces, a roof-top area and a stage for events (catwalk, plays, stand up comedy, concerts, DJ party and so on), a children park, two restaurants and a sky bar.
The total leasable area will reach nearly 42,000 sqm and the car park will have over 495 parking spaces. The total number of parking spaces reaches 1,300.
Real estate consulting firm Cushman & Wakefield Echinox was designated strategic consultant for concept defining and the lease of spaces resulted from the expansion.
Arena Mall is the first shopping mall in Bacau, opened in December 2007, following a total investment of over EUR40 million.