Redevco to start work on Belgian retail park

November 15, 2011

Redevco Belgium is to start construction work on the 30,793 sq. m. retail park on Bergensesteenweg in Sint-Pieters-Leeuw, the site of a former Carrefour hypermarket. The complex is owned by Redevco and is one of the most important peripheral retail parks in Belgium, located less than one kilometre from the Brussels ring road.

The Carrefour hypermarket closed its doors in July 2010. Redevco intends to renovate and modernise the entire site, which is fully let to a range of new tenants including Concept Fashion, Mano, Hema, Fun, Veritas, Pearle, Cassis-Paprika, Avance, L&L, Zeb, Casa, Blokker and Euro Kitchen.

Brico will remain open during renovation work in a temporary store, but its current store will be demolished and a new Brico built as part of the scheme. The existing MediaMarkt store, McDonald’s and Auto 5 will also remain open during construction. The complex will be anchored by a Delhaize supermarket covering 4,500 sq. m.

Final environmental, socioeconomic and building permits have all been obtained.

The retail park will be given a completely new look, to a design by Architeam. Cushman & Wakefield acted as sole letting agents. The total investment of the construction will be around 22 millions €, majorated with the investments made by the retailers. After the redevelopment, 310 jobs will be guaranteed

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