EuroCenter mall to be renovated

Retail

Developer WING will begin renovating the EuroCenter mall in Óbuda this spring, according to a press release sent to the Budapest Business Journal.

The mall is expected to reopen in the spring of 2022.

EuroCenter at Bécsi út, District III, was purchased by WING in 2018, due to its excellent accessibility by car and public transport, as well as the development potential of the building and its location. This is the company's fourth mall development project after successfully completing Agria Park in Eger, Hegyvidék Mall, and MOM Park.

WING says that the renovation of EuroCenter is justified by the fact that the purchasing power index of District III and the associated agglomeration exceeds the national average, and that the area is going to develop further thanks to residential parks, office buildings, and multifunctional projects planned or under development.

The vast majority of the mall’s stores will close on April 3, 2021, Saturday evening, while the hypermarket and the car wash are expected to close during May. The renewed mall of a leasable area of ​​about 25,000 sqm is planned to offer its customers services on the gallery floor, which is to be expanded, and a renewed food court, a cinema and international fashion and accessories stores on the first floor. The re-opening Interspar store on the ground floor will also be completely renovated, with a modern exterior and interior design for the sales space, a wide and high-quality selection of goods, and solutions for the convenience of customers. Among other things, an Interspar to Go is going to be set up in the hypermarket.

“Being a developer, our primary goal is to create lasting value both in Hungary and abroad. This principle guides us throughout the architectural and functional renewal of EuroCenter, too. This development shall make quality shopping experience available for North Buda. Focusing on people, we are going to create a modern and demanding complex that, in addition to the expectations of the present age, also reflects new trends. When customers walk into a mall these days, they want not only to get things done as quickly as possible, but also to spend quality time, perhaps with their families and friends. This is what our latest project reflects,” says Noah Steinberg, CEO of WING Zrt.

In addition to the complete architectural renewal, the services offered by the mall are also going to change. The developer plans to feature the popular fashion brands, banking, telecommunications and healthcare services, among others, with a cinema, many new restaurants, and cafés providing entertainment. 

The mall also emphasizes environmentally conscious and sustainable solutions. Due to this, bicycle storage facilities and electric car charging stations are going to be available. Visitors will also be able to use public transport solutions.

The renewed EuroCenter is going to be completely accessible and, with a view to recent events, special attention is going to be paid to health awareness during development, the press release notes.


 

ADVERTISEMENT

Századvég raises GDP forecast to 7.8% Analysis

Századvég raises GDP forecast to 7.8%

Opposition parties to begin PM candidate primaries Elections

Opposition parties to begin PM candidate primaries

New editor-in-chief at Betone Studio Appointments

New editor-in-chief at Betone Studio

Budapest leaders make public transport free for under-14s City

Budapest leaders make public transport free for under-14s

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.