Client: Echo Investment / Bank BZWBK
Services: Loan Monitoring
Europtima provides bank monitoring for the extension of Galaxy in Szczecin – the biggest shopping and entertainment center in the West Pomeranian region.
The new section of Galaxy is a modern shopping arcade including a square which will not only be a place for shopping but mostly a meeting place for residents of Szczecin and the region. The new Galaxy will be developed around a spacious internal square, which will include a stage for organizing various events. The entirety will be covered with a glass roof, which will provide appropriate access to natural light. After the completion of the extension Galaxy will have a retail area of nearly 60,000 sqm. Its offer will be extended to 200 shops. Drivers will be able to use a total of 1,500 parking spaces. There will be a large fitness club and a lot of debuts on the local market of clothing brands.
Construction works will start in May 2016 and completion is planned for October 2017. The project will also involve an exchange of the entire facade of the existing section of Galaxy. The project is worth app. PLN 100 mln. About 500 jobs will be created in connection with the extension.