Today Acteeum Group and Immofinanz AG celebrate the roof topping ceremony symbolizing the completion of the roof structure of the new shopping center VIVO! Stalowa Wola. VIVO! is the latest retail brand introduced by the Austrian investor and developer and the facility in Stalowa Wola will be the second center of this type in the company’s portfolio. The grand opening of VIVO! Stalowa Wola is planned for the last quarter of 2015.

Tomasz Szewczyk, Acteeum Group’s Regional Director outlines:
”We have identified the location for this shopping center in late 2012. In this large catchment area of around 400 000 inhabitants no decent retail facilities existed. Basic fashion shopping had to be conducted in either Lublin or Rzeszów, each of them over 60km away. Based on our market research the need for a large scale regional shopping center became very obvious. We are happy to join forces with Immofinanz in order to develop the most dominant scheme in the Stalowa Wola, Tarnobrzeg and Sandomierz region.”

“Our project in Stalowa Wola is an important link for the further development of IMMOFINANZ in the retail sector in Poland. Therefore we are pleased that the construction works at this facility are progressing as planned and soon we will be able to provide the inhabitants of the city and region with a new quality shopping experience”, says Jacek Wesolowski, Country Manager Development Poland, IMMOFINANZ, during the roof topping ceremony. “While building this center, we wanted the architectural design to be associated with the region and its cities, hence there are many elements of steel, Sandomierz’s flint or references to the San river in the construction of VIVO!”, he adds.

VIVO! Stalowa Wola will have a rentable space of approximately 32,000 sqm, spread over more than 80 shops. The decision to implement a project in the concept of VIVO! in this city was supported by a number of factors. Stalowa Wola is the second most populous city in the Podkarpackie region and an important hub. In addition, the Tarnobrzeg Special Economic Zone Euro-Park Wisłosan, supports the rapid economic development of the region. The VIVO! plot is located in the district Poręba – the most inhabited part of the city. Importantly, the shopping center will be perfectly connected with the city and the region thanks to the nearby national road No. 77 leading to Sandomierz and Rzeszow.

VIVO! Stalowa Wola has reached the planned height of 7.5m. The roof construction has been completed. By now, 60% of the scheduled works have been implemented. The shell structure of the building is currently being closed, at the same time construction of dividing walls for the facility is ongoing. In addition, works outside of the building are related to road system and parking.

The commercialization process of VIVO! Stalowa Wola is also progressing well. Among the brands which have already signed lease agreements are, among others: Intermarche, H&M, Martes Sport, Media Expert, My Travel Kolporter, RESERVED, MOHITO, House and Cropp, SiNSAY, Home&You, ITAKA or Play. Further contracts with international, national and local tenants are currently in the phase of finalizing and signing. Acteeum Group is realizing this development project together with the Immofinanz AG (shareholdings: 86% IMMOFINANZ, 14% Acteeum Group).