THE EXTENSION OF METROPOLIS TO OPEN AUGUST 15TH 2016

Moscow, Russia – The extension of Metropolis, situated on the Leningradskoe highway, will open August 15th 2016. Cushman & Wakefield and Knight Frank are co-exclusive leasing agents of the project; Capital Partners Company is the investor and developer. 

GLA of Metropolis’ Extension is 38,000 sq. m. The extension will bring 1 200 extra parking lots and will be connected to the transport hub of Moscow Lesser Ring Railway. Passengers will have direct connection from the railway station Voikovskaya to the existing metro station through the shopping center galleries, which will correspondingly increase the footfall. According to the transport agencies, the pedestrian traffic from the railway station will reach 70,000 passengers per day.

The design of the new phase will fit within the existing building and new solutions will perfectly complete the shopping center. Totally glazed roof allows for the lightening of all shop-windows, whereas the central atrium (800 sq. m) and the wide corridors will ensure the visibility of all stores, at the same time the double-height facades on the third floor will support the positive perception of the shopping center.

The list of anchor tenants includes iconic Victoria’s Secret lingerie store (1,200 sq m), TSUM Outlet department store (1,800 sq. m), the largest and the oldest toy shop in the world Hamley’s (2,000 sq. m), 6 the latest concepts of Inditex brands, hypermarket of household goods Hoff Home (1,900 sq. m), fitness center World Class (2,500 sq. m) and more to be announced soon. The tenant-mix will be further reinforced with the leading trendy brands and top restaurants and cafes.   

Alper Ozisik, Leasing Director, Capital Partners: «The first result of active talks our leasing team is having with retail key players. On April 7th Capital Partners officially presented the extension of Metropolis. More than 150 tenants attended this event and discovered the readiness of this modern, spacious, light and welcoming building. A tour of the 4 floors was organized, allowing discovering premises offering splendid volumes and views on Leningradskoe highway. This supports the position that Metropolis still plays on the market and its dynamic attracting interests».

Sandrine Moreau, Marketing Director, Capital Partners: «Metropolis has been a resounding success, welcoming the world’s leading fashion, home and lifestyle brands. Metropolis has shined over the years, positioning itself as the uncontested trend and fashion setter. This extension continues to build on this legacy. In its distinct atmosphere and striking design, it will host more world-class fashion, lifestyle and home brands».

Alexander Obukhovsky, Director, Knight Frank Retail Department, comments: “Metropolis has been one of the most successful shopping centers in Moscow for the last 7 years. Consistent visitor flow, the best tenant-mix in the retail gallery and high conversion rate of stores prove the effectiveness of this project. Tenant-mix is being constantly improved; the center attracts more and more visitors and strengthens customers’ loyalty. Such high performance urged the Investor to expend the project with the new Phase offering a wider range of brands, restaurants and cafes. At the same time the Extension part will serve as an important social object – it will provide the passengers of the Moscow Lesser Ring Railway with a convenient passage to the metro station. We are positive that Phase 2 will be highly successful popular among both customers and tenants”. 

Zulfiya Shilyaeva, Project Manager, Associate at Retail Department, Cushman & Wakefield, says:  “The second phase of Metropolis shopping center is one of the most attractive and prospective projects in Moscow and we are happy to be involved in it. Enlarged shopping center will bring new format of shopping and unique atmosphere. It will provide with quality tenant-mix and new entertainment facilities. Project location is one of the key success factors as it stands on busy Leningradskoe highway close to Voykovskaya metro station and large transportation hub. From the opening date, Metropolis always attracted the strongest fashion brands and high-class operators – powerful market players convinced of the project’s success. Metropolis proves that even though consumer behavior has changed, successful and high quality projects still attract visitors and prosper further”.