An investment of €36 million
Parque Atlântico, Azores' Shopping Centre
- 21.386 m2 of GLA, 6 anchor shops, 15 restaurants and 75 satellite shops
- 3,2 million visits per year expected
- 850 new direct jobs created
- Sophisticated solutions ensure environmental quality
Parque Atlântico, scheduled to open in October 2003, will be the first shopping and leisure centre developed by Sonae Imobiliária and Grupo Nicolau Sousa Lima in the Autonomous Region of the Azores. Located in Ponta Delgada, this new development is the result of the expansion of the existing Modelo shop and represents an investment of €36 million.
Held in equal shares by Sonae Imobiliária and Grupo Nicolau Sousa Lima, the Parque Atlântico will have a Gross Lettable Area (GLA) of 21.386 m2, the result of the sum of the new GLA, 15.928 m2, and the existing GLA.
With 6 anchor shops (Zara, Cinemas Castelo Lopes, Modelo, Worten/Vobis, Max-Mat and Sportzone), 15 restaurants and 75 satellite shops, the new shopping and leisure centre, built on a 37.992 m2 site, is expected to have 3.2 million visits per year. Currently 45% of the Centre's GLA is already committed. The parking area (34.147 m2) has the capacity to receive 1.100 cars.�
Serving a population of 116 thousand in a 30 minutes catchment area, the Parque Atlântico is expected to reach an annual income of €28 million in the non-food retail, creating about 850 direct jobs.
Designed by architect José Quintela, the Parque Atlântico benefits from Sonae Imobiliária's vast know-how in the development of shopping and leisure centres, complying with the company's rigorous demands in terms of comfort, safety, integration in the surrounding environment and environmental quality.
This new development fits in the "green centre" concept the company has been developing, comprising the most sophisticated solutions for such important aspects as the separation and treatment of residues or the monitoring of water and air quality. The centre's energy management and saving system is fully computerized (BMS - Building Management System).
As far as safety is concerned, the Parque Atlântico will benefit from some of the most modern support systems, such as the automatic fire detection system (SADI), the closed circuit television surveillance system (CCTV), the automatic intruder alert system (SAI), the fire fighting system (RIA), or the access control system.
