New Modern Shopping Centre Announced for Slovakia

By Jennifer Brenner Andrade

It is not all bad news out there. Central and Eastern European real estate developer, Quinlan Private Golub (QPG), announed at MAPIC 2009 last week the construction of a 60,000 m2 shopping centre in the City of Bratislava in Slovakia.

Set to open in the third quarter of 2012, the South City Shopping project will host retail, leisure, office and residential components for Bratislava, which has a population of 125,000 people. Local developer Cresco Group will handle part of the residential component of the project.

In a prepared statement made available on QPG’s website, John Newton, QPG country manager for Slovakia and Hungary says, “Our plans are still being worked on in close cooperation with the City of Bratislava, so they are not cast in stone yet, but I believe that this is the scheme that is missing today in Bratislava. It is superbly designed and totally modern, the kind of regional shopping centre that you would expect in any European city. It will be a development that responds to the needs of shoppers and the environment in equal measure.”

The project is being built with good access to both motorway and public transport. Additionally, the shopping centre will feature a low energy design. Newton hopes the modernity along with the easy access to the centre will attract shoppers from as far away as Vienna.