The city is unfreezing the project of another large shopping center

The owners of the Moscow shopping center "Global City" are going to invest about 2 billion rubles. into the project of a new shopping and entertainment center on the site of the Intercity shopping center frozen in 2009 in the embankment area in Lipetsk. As Kommersant was told at the mayor's office, investors have already purchased an unfinished facility occupying a plot of more than 90 thousand square meters. m, while the area of the new complex will exceed 40 thousand square meters. m. Experts point to the proximity of the purchased unfinished building to another recently unfrozen facility - the Kit shopping center: the project with the most original concept will win the competition.

As Kommersant was told by the press service of the Lipetsk City Hall, the owners of the Moscow Global City shopping center (Yuzhnaya metro station) acquired the unfinished project of the Intercity shopping center, frozen in 2009, and are going to invest 2 billion rubles. in the construction of a new complex in the city embankment area. The mayor's office noted that the area of the site for construction is more than 90 thousand square meters. m, and the area of the two-level shopping center should be over 40 thousand square meters. m: “The new owners are already reviving the property and are looking for anchor tenants.” Yesterday, Kommersant was unable to contact the owners of the Global City shopping center; the administration of the center knew nothing about the acquisition of the asset in Lipetsk. Among the tenants of the Moscow shopping center are the Perekrestok supermarket, representatives of international fast food chains - McDonalds, KFC and Baskin Robbins, and about 70 clothing and shoe stores.

Let us remind you that the construction of a shopping center with an area of 38 thousand sq. m. m in the Oktyabrsky district of Lipetsk was announced by Adwill Partners in 2007. A Moscow developer received a site on 50 Let Novolipetsk Iron and Steel Works Street in the Oktyabrsky district - practically on the embankment of the Voronezh River. The concept of the facility involved the construction of a two-story mall with a total area of 38 thousand square meters. m, as well as a four-star hotel with 180 rooms. The volume of investments was estimated by experts at $100 million (about 3 billion rubles at that time). However, at the beginning of 2009, the construction of the shopping center was suspended until a co-investor or buyer appeared for a land plot with an area of 8.9 hectares with a zero construction cycle.

Let us note that this is already the third unfrozen construction project in Lipetsk in this segment of commercial real estate. In March 2013, one of them was relaunched by the Lipetsk LLC Techno-Trading Center Folium, which bought the unfinished shopping center Lipetskaya Yarmarka on Moskovskaya Street. In addition, the Mallino Development Group, which plans to implement the project through Line LLC, also controlled by Mr. Goryaev, announced its intention to revive the unfinished bankrupt OJSC Kit Capital of Timur Goryaev several months ago. A shopping center “Kit” with a total area of 154.47 thousand square meters will appear on this site. m. The increase in retail space also occurs due to the expansion of the area of existing facilities. Thus, last fall it was announced about the construction of the second stage of the Europe shopping center, as a result of which its area will increase from 57.9 thousand square meters. m up to 180 thousand sq. m.

Lipetsk developer Vladimir Chebotarev, co-owner of the Europe shopping center, told Kommersant yesterday that a site near the embankment was previously offered to him, but he does not consider it interesting: “I don’t see prospects for the development of a shopping center on this site. The “Kit” shopping center is being completed nearby and has almost decided on a serious anchor tenant. If a project with a classic format is implemented in place of Intercity, then nothing good will happen.” Mr. Chebotarev also noted that, taking into account the already defrosted shopping center facilities in Lipetsk, the local market is “definitely about to overheat.” “The most original project will win,” explained the developer.

However, his Voronezh colleague, co-owner of the Armada shopping center, Alexander Markov, thinks differently: “The Global City shopping center in Moscow is very successful, and its owners have been on the market for a long time. I believe in the experience and professionalism of these people. Therefore, I am sure that everything will be fine for them in Lipetsk.” Mr. Markov explained the return to frozen objects by the lack of free plots: “The market has eaten up everything that was there, but the need for space still remains. Something similar is observed today in Voronezh.”

Andrey Tsvetkov, Maria Starikova

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