Azores Retail Park opens in Ponta Delgada on 27 November
Azores GuideA 40 million euro shopping complex with 11 shops, a pharmacy and 800 parking spaces brings FNAC, JYSK, Conforama and Kiabi to the Azores for the first time.
The Azores Retail Park, a new shopping complex in the north of Ponta Delgada, opens to the public on 27 November. It stands at Grotinha, next to the Hospital de Ponta Delgada, and has 11 shops and a pharmacy.
About half of the brands are opening their first store in the Azores, among them FNAC, JYSK, Conforama and Kiabi, according to Correio dos Açores. The other tenants are Continente Bom Dia, with MO and Wells stores inside, Worten, Sport Zone, Maxmat, Espaço Casa, Fábrica dos Óculos, the Totoro restaurant and Farmácia Garcia. The pharmacy will run a drive-through service, Farmadrive, which the paper describes as new on São Miguel.
The complex has 800 parking spaces. The site covers 44,000 square metres, with 18,000 square metres of built area and more than 16,000 square metres of lettable space.
Sapore SIC Imobiliária Fechada S.A., a fund managed by Point Capital Partners SGOIC S.A., developed the project for around 40 million euros, and Retail Mind marketed it. The developers expect 550 direct and indirect jobs. Construction created 220 jobs, and all the space was let before the first stone was laid, Correio dos Açores reports.
Sources
Azores Guide
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