Another Huge Mall For Bucharest?

About 6 months ago I stumbled upon a website for what was or is to be called the “Colosseum” on the North Side of Bucharest. It will be the biggest mall with a immense list of amenities. I thought that when AFI Mall had opened up, that was what all the hype about, and it had just “changed names”. However that is apparently not the case. Here are some photos of this new mega-mall:

Colosseum Front Entrance

Colosseum Front Entrance

Colosseum Indoor Atrium

Colosseum Indoor Atrium

Colosseum Map

Colosseum Map

… and this is it’s future location.

Here is a copy of a Press Release that was issued and is presently on the Colosseums website at http://www.thecolosseum.ro

The Colosseum: Construction of one of the largest Shopping Centers in Europe will start in Bucharest in Autumn 2009

PUZ for first class European style shopping center approved on August 1st – More than 70 percent of the first phase leased out – Anchor tenants: Carrefour, Flanco, LeroyMerlin

A spectacular shopping and entertainment center will be created in Bucharests Sector 1: The Colosseum Shopping Centre & Retail Park will comprise 140,000 square meters of covered retail space, with more than 480 shops and 8,500 parking spaces as well as 58,000 square meters of Retail Park. The construction works will start in autumn this year on the site of 620,000 sqm in Sos. Chitilei. Building contracts for the Retail Park have been signed with Bouygues, one of the largest international contractors, and work will commence in October 2009.

In the first phase of construction, a retail park will be built – with units ranging from 1,500 sqm to 19,500 sqm on a leasing area of 58,000 square meters. More than 70 % of the retail park is already leased out. Among the tenants are well-known brands such as Carrefour hypermarket, a Flanco store, Altex and a DIY-market of Leroy Merlin.

Upgrade of traffic infrastructure
The investment volume for the whole project will exceed 350 million Euro and is being placed by the company Nova Imobiliare, an English company. Currently Nova Imobiliare is in negotiations with major Romanian and international banks, who are interested in financing the project. The investor of The Colosseum will spend an additional amount of 30 million Euro to improve the surrounding roads and public transport. Upon completion of the Colosseum the upgraded infrastructure will be donated to the community so that all inhabitants will benefit from this development. A modern traffic solution will offer a cosy access to the shopping center. Additionally a bus station and a tram station will be located within the center. More than 2.03 million inhabitants live in the catchment area of 60 minutes.

Project partners
For the realisation of this unique project, the best European and US-American companies, of their class, were engaged to create a team of unrivalled expertise. The architectural planning is carried out by Leach Rhodes Walker architects, one of the leading architecture firms in UK and Romania. Interior design is created by Darrell Schmitt Design Associates from Los Angeles, California. Leasing and long-term center management of The Colosseum is carried out by ECE Projektmanagement, European market leader for inner city shopping centers. The extensive planning of the transportation and technical structure is conducted by the international engineering companies Waterman International and WSP Group.