Reconstruction belonging to Andrey Rogachev Koptevsky market, located in the North of Moscow, starts at the end of this year. About it “lente.ru” have told in a press-service of the investor.
On a plot of 1.3 hectares will be built gastromark, covers an area of 19 thousand meters, of which 6 million is allocated for underground Parking. Owner of a chain of markets “Breeze” and the Federal retailer’s “Correct” to invest in the project not less than twenty million dollars. To pay back investments the investor counts for five years.
The building is designed for 180 trading places for the implementation of farm products, about 40 corners catering, several restaurants, and area activities. The concept of the project, the work of the architectural Bureau Architect Zemskiy Group, involves the reformatting of the market in the gastronomy cluster of farm products, food halls, as well as creative spaces for family time.
Director of Department of trading real estate Knight Frank Eugene Khakberdiev, believes that “the market is popular among nearby residents — Airport, Falcon, Petrovsko-Razumovskaya, Dmitrovskoe and even Voykovskoy is the landmark of the location.” In her opinion, “of great importance for the accessibility of the location is availability of Parking and public transport within easy reach. These factors increase the attractiveness of the market for tenants”.
“koptevskaya market that historically is located in a good area, where there are people with high incomes, will run in the surrounding neighborhoods as it is located outside the major motorways — sure the Director of the strategic consulting division at CBRE Olga Zemtsova. — The higher the quality of goods and reasonableness of the strategy, the wider the audience, the market will be able to attract and therefore the higher the level of rents can be.”
With this agree that Valery Trushin, head of research and consulting at IPG.Estate, according to which, the rent per square meter of retail space does not seem excessive for an established operating business.