Echo Investment has chosen Eiffage Budownictwo Mitex SA as the general contractor of Galeria Echo shopping and entertainment center in Kielce.
The scope of Contract comprises execution of all works involved in extension of Galeria Echo mall. The contractor will receive the construction plans on October 12, 2009. According to Contract provisions, the contractor shall complete execution not later than May 9, 2011. The value of signed contract is 161.3 million PLN net.
Here is what Mr. Artur Langner, Member of the Management Board of Echo Investment, said after signing the contract: 'Galeria Echo is our largest project and the contract for its execution is the largest contractor agreement in our corporate history. I am glad that the investment will be performed by our long experienced partner, who also qualifies among the best construction companies on the Polish market. Our contract with Eiffage Budownictwo Mitex is the closing point of preparation to execution of key stage of the Mall's extension. We would also like to emphasize that we completed the negotiation process with the contractor simultaneously with obtaining project financing. It is a confirmation of our investment being very well prepared and an indicator of improvement on the real estate market.'
Echo Investment and Eiffage Budownictwo Mitex have been cooperating as partners for years. The latter company executed the following projects for Echo, among others: shopping centers in Olkusz, Tczew and Piła, Ibis and Novotel hotels in Szczecin, Zabrze and Krakow, the Kyriad-Campanille-Premiere Classe hotel development in Warsaw, with the most recent developments being the Astra Park estate of office buildings in Kielce, and the multi-storey car park at Galeria Echo.
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GALERIA ECHO in Kielce occupies at present the area of approximately 68 000 sq.m., 26 000 sq. m. out of which constitute a leasable area. The development project assumes construction of 4 commercial storeys and a multi-level car park. The total area of Echo Gallery, after its extension, shall equal approximately 166 000 sq.m., in which the leasable area shall take up 67 000 sq. m.. Customers will be able to use approximately 2 300 parking places.
In extended Echo Gallery customers will be able to shop in almost 300 stores. The two topmost storeys of the center were designed for entertainment and recreational functions. Customers shall have attheir disposal a body building gym, a fitness club, a 12-alley bowling, a discotheque, numerous restaurants, cafes and a playing ground for children and other attractions located at various storeys of the center.
The new Echo Gallery shall be opened in 2011. The design of the Echo Gallery expansion and the multi-storey car park was created in the architectural studio Detan of Kielce and the design of elevation was created by the architectural studio Open Architekci of Warsaw.
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EIFFAGE BUDOWNICTWO MITEX is a General Contractor of building services. The beginnings of the company’s history date back to 1988. 6 years ago the company was incorporated into the structures of a French construction group, one of the biggest groups of this type in Europe. At present Eiffage Budownictwo Mitex operates in the group of companies mutually supporting one another, operating on Polish market and cooperating within the confines of Eiffage Group.
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