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Citycon starts renovation of Kristiine shopping center in Tallinn

BC, Tallinn, 22.11.2017.Print version
The Finnish operator of shopping centers Citycon on Tuesday started the renovation works in the Kristiine shopping center, which are to result in the construction of the O'Learys entertainment center by spring and the updating of the center's exterior and interior within two years, reports LETA/BNS.

"While we will from Tuesday start construction work on the second floor of the atrium, within the area of the future O'Learys entertainment center and sports bar, the comfort of customers should not be impacted by the construction of the first stage," Mati Pops, chief of Baltic operations for Citycon, manager of the Kristiine mall, said in a press release.

 

"Pathways have slightly been redirected at the entrance closest to the car park, but all shops, entrances and car parks during the current stage of construction are still open at their usual locations. We will try to disturb customers as little as possible with the works, but we apologize if we nonetheless cause anyone any inconvenience," Pops said.

 

The renovation will be carried out in stages. The O'Learys sports bar along with bowling lanes and a movie theater are to be completed by spring. The plan during the various stages of renovation is to refresh both the exterior of the center as well as interior solutions, while walkways will also be made more comfortable. For the renovation work Citycon entered into a contract with construction company Oma Ehitaja.

 

Altogether 270,000 residents of Tallinn live within the sphere of influence of the shopping center that contains more than 160 retail spaces. The center's net retail area totals 43,700 square meters. Altogether 7.3 million people per year visit the center.


Built in 1999, the Kristiine shopping center was expanded by more than 12,000 square meters in 2010. Citycon in 2011 acquired the center from Pro Kapital for 105 million euros. The last time Citycon updated the Kristiine shopping center was in 2013.

 

Citycon is a Nordic shopping center developer and real estate investment company. Kristiine included, Citycon owns and operates 49 shopping centers in Finland, Sweden, Norway, Denmark and Estonia.






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