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Thu, Feb 09 2012
Opening of Plovdiv’s Markovo Tepe Mall targeted for November 2010
Construction work on Markovo Tepe Mall, Plovdiv, in October 2009.
Photo: Nadezhda Chipeva
The target date for the opening of the Markovo Tepe Mall in Plovdiv is November 2010, according to Melina, the Bulgarian-Israeli firm that is the investor in the project.
The mall was proceeding on schedule, Melina said, after being asked whether the project was running to plan given previous media reports that it would open in spring 2010.
"Due to the current market situation there is no investor that is not making very careful research when is the best to open a shopping centre in order to guarantee the success of the mall and the retailers," a statement said.
In spring 2010, three large-scale shopping centres opened in Bulgaria: Serdika Center and The Mall in Sofia and Grand Mall in Varna.
"Currently we are 70 per cent rented and due to the excellent location of the shopping centre in the heart of the city, we are positive that upon the opening we will have full occupancy," Melina said.
Earlier media reports put the value of the project at 65 million euro.
Markovo Tepe Mall is on the junction of Plovdiv’s Ruski Blvd, Gladstone Street and Dragan Tsankov Street.
Two companies, the Israeli Peleg Architects, and the Plovdiv-based RG Projects, designed the mall, led by chief architects Manuel Manuelian and Vesselin Roussev.
Structurally, the complex consists of a three level low block and a high-rise 10 storey main building along Ruski Blvd.
Four underground levels are underneath the mall totalling 21 000 sq m in area with an underground parking lot with capacity for 600 vehicles. On the top floor of the mall will be a 2000 sq m supermarket.
According to the website of Forton, which is arranging tenants for the project, there will be more than 100 shops, a Billa supermarket, restaurants, cafes and a food court.
Speaking at the March 2009 ceremony inaugurating the project, Yakov Niv, the manager of the Israeli–Bulgarian company Melina Ltd, the main investor in the project, said: "Markovo Tepe Hall has an excellent location, it will therefore guarantee investments, it has excellent management and services and professional expertise in design and construction – these are just some of the advantages that make it truly special".
The mall was proceeding on schedule, Melina said, after being asked whether the project was running to plan given previous media reports that it would open in spring 2010.
"Due to the current market situation there is no investor that is not making very careful research when is the best to open a shopping centre in order to guarantee the success of the mall and the retailers," a statement said.
In spring 2010, three large-scale shopping centres opened in Bulgaria: Serdika Center and The Mall in Sofia and Grand Mall in Varna.
"Currently we are 70 per cent rented and due to the excellent location of the shopping centre in the heart of the city, we are positive that upon the opening we will have full occupancy," Melina said.
Earlier media reports put the value of the project at 65 million euro.
Markovo Tepe Mall is on the junction of Plovdiv’s Ruski Blvd, Gladstone Street and Dragan Tsankov Street.
Two companies, the Israeli Peleg Architects, and the Plovdiv-based RG Projects, designed the mall, led by chief architects Manuel Manuelian and Vesselin Roussev.
Structurally, the complex consists of a three level low block and a high-rise 10 storey main building along Ruski Blvd.
Four underground levels are underneath the mall totalling 21 000 sq m in area with an underground parking lot with capacity for 600 vehicles. On the top floor of the mall will be a 2000 sq m supermarket.
According to the website of Forton, which is arranging tenants for the project, there will be more than 100 shops, a Billa supermarket, restaurants, cafes and a food court.
Speaking at the March 2009 ceremony inaugurating the project, Yakov Niv, the manager of the Israeli–Bulgarian company Melina Ltd, the main investor in the project, said: "Markovo Tepe Hall has an excellent location, it will therefore guarantee investments, it has excellent management and services and professional expertise in design and construction – these are just some of the advantages that make it truly special".
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Dispute over house next to Plovdiv’s Markovo Tepe Mall
Opening of mall postponed to 2012 while reports quote investor saying mall is for sale but there are no bidders.
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The sale of another two shopping malls will be finalised by the end of 2010 or in early 2011 at the latest, according to Assen Lisev, CEO of real estate consultancy MBL/CBRE, which manages City Center Sofia.
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The intended transaction was announced by Bulgaria's Commission for Protection of Competition (CPC).
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The British chain plans to open more Bulgarian units, including a home furnishing store.
Markovo Tepe Mall will open in spring 2010
Construction has started on the 65- million euro Markovo Tepe Mall. It will open in April 2010.
Billa moves to the malls
The Billa supermarket chain, part of German REWE Group, has opened a store in Pfohe Mall in the Black Sea city of Varna and will enter at least three more shopping centres. Having built stand-alone and shared outlets for years, the retailer will step in Markovo Tepe mall, which should open by end-2009 in Bulgaria's second largest city of Plovdiv. The Billa store will stand on 2000 sq m out of the total lettable area of 16 000 sq m and target wealthier customers.
BULGARIA'S PLOVDIV SEES THREE NEW MALLS IN 2008
A new mall, called Central Mall Markovo Tepe will be built in the centre of Plovdiv. A Bulgarian-Israeli company will invest nearly 50 million euro in the mall construction, Dnevnik daily said. The centre will cover an area of 8500 sq m. It will consist of a constructed area totalling 64 000 sq m on six floors. The mall will feature trade areas, entertainment area, several cinemas, snack-bars, offices with separate entrance and
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I am sure that this will be better than the disaster down the road Plovdiv Mall...but does anyone in Plovdiv have any spare cash to spend outside of the cafe led main street? And what on earth is the office tower all about!!!???