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| Forum Palermo opened Multi, the leading commercial developer of inner-city retail space in Europe, opened Forum Palermo to over 72,000 locals. The 65,000 m² project with 124 units is developed by Multi Development-C Italia and will be managed by Multi Mall Management Italy. Forum Palermo is Multi's third project in Italy ("I Petali" shopping center in Reggio Emilia and Retail Park "Mestre" were opened in 2007 and 2008). Forum Palermo is anchored by a 13,500 m² Ipercoop hypermarket, a 9,150 m² stand alone DIY anchor and includes the renovation of two existing buildings. The site is excellently located close to the motorway connecting Palermo to Messina and Trapani and adjacent to a railway station. About 3,000 parking spaces will be available, with over 2,500 for the shopping center. Investment totals €225 million and will directly provide over 900 new jobs and significant new indirect employment thus boosting the city economy. The catchment area covers over 1 million people who live within 30 minutes drive. The project was designed by Multi's T+T Design, Gouda, The Netherlands, Progetto CMR and Lombardini 22. It is a closed scheme featuring state-of-the art architecture perfectly woven into the surrounding environment. With strong sustainability features and iconic design, Forum Palermo brings a totally new retail and leisure experience to Sicily. write your comments about the article :: © 2009 Construction News :: home page |