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TriGránit kicks off Krakow retail center construction

The cornerstone was laid on the construction site of the Bonarka City Center in Krakow, the investor TriGránit said in a press release.

The Bonarka City Center will add modern character to the area by converting it into resident-friendly environment, free from industrial inconveniences and pollution, the statement said. The project, on a total area of around 19 hectares, is one of the biggest re-cultivated areas in Europe. The total value of the project is about €500 million.

The new site will be completed in 3 stages: in the first one, initiated with the groundbreaking ceremony, retail, service and entertainment center will be constructed for a total value of €300 million. In stages two and three, high-class office and residential buildings will be erected.

“We are positive that Bonarka City Center will enliven this part of Krakow. The modern architectural design, the nice, clean and safe environment provides a Royal Place in the Royal City of Krakow,” said at the ceremony Jacek Wachowicz, President of TriGranit Polska sp. z o.o.

The construction - taking advantage of natural landscape, the surrounding park and artificial ponds - creates approximately 3,000 new job opportunities. The glass-roof building will have some 250 retail units, department stores, well known international and national brands, as Auchan, Leroy Merlin, Cinema City. The projected opening ceremony for the first phase is scheduled to the second half of 2009. (press release)