Moscow, 11 November, 2013 — A multi-functional lifestyle center Kuntsevo Plaza (GBA 245,000 sq m) to open in the west of Moscow in the winter, 2015. The project includes a new generation shopping and entertainment centre, with GLA amounting to 68,000 sq m, office tower and two apartment towers. The investor and developer of the project is ENKA TC, one of the leading professional players of the Russian commercial property market and a subsidiary of ENKA group of companies. The project’s investment volume exceeds 450 Million Dollars. International real estate consultants Jones Lang LaSalle and Knight Frank are appointed co-exclusive leasing agents.
Kuntsevo Plaza is located at Yartsevskaya Street, 19, in a close vicinity to Molodezhnaya metro station and where the first ever professional multifunctional shopping centre and first hypermarket in Russia (“Ramstore”) were situated. The shopping center with hypermarket developed by ENKA TC had been successfully functioning since 1997 for more than 14 years.
Kuntsevo Plaza reflects more than 20 years of ENKA’s experience in construction, development and property & facility management fields in Russia.
The development site is located at the intersection of pedestrian and transport routes — between Rublevskoye and Mozhaiskoye highways, right on Moscow’s future North-Western Chord.
Already now the catchment area population of the multi-purpose complex amounts to 2 mln people. Moreover, close to 200,000 sq m of residential is planned for construction in the surrounding area in 2013-2014.Molodezhnaya metro station generates up to 60,000 people per day.
Kuntsevo Plaza will stand out in the Russian retail market thanks to its unique interior and exterior architecture and functional zoning. The complex’s exclusive design will encourage tenants to open flagship stores at Kuntsevo Plaza, and express individuality by bringing interesting solutions into retail space — from exclusive shop window design to multi-level terrace décor.
The architectural concept of the project was designed by an American Architectural Group Jerde Partnership, whose professional portfolio boasts Mall of America (Minnesota), Bellagio(Las Vegas), Santa Monica Place (California), Kanyon (Istanbul), Zloty Tarasy (Warsaw) and many other outstanding sites. The Canadian MXD Development Strategists was chosen as a retail space and functional zoning consultant.
Over 250 shops will be spanning the five levels of the shopping centre ranging from leading boutiques to iconic international brands and an eco-market. A hypermarket spanning 2 levels and occupying nearly 15,000 sq m will cater to daily needs for local residents. Fitness Center equipped with most modern equipment and a swimming pool will be available for visiting customer and Kuntsevo Plaza residents. Entertaining and lifestyle zone will contain a cinema complex with 7 halls and an IMAX screen. Three levels of family entertainment centre, as well as the kids’ educational centre will be located under the transparent dome of Kuntsevo Plaza. Furthermore, the food and beverage zone consisting of food-court, concept restaurants and a 2-levelSky Bar with terraces. The retail component will include 4 underground levels of parking with 2,000 spots.
About ENKA TC
ENKA TC is one of the leading commercial real estate developers in Russian Federation and is a part of ENKA group of companies and. ENKA TC owns and operates the chain of Kapitoliy Shopping Centers. The company has a long-term commitment to Russian commercial real estate market and is always actively developing new landmark projects in Moscow, Moscow Region and across Russia.
Founded in 1997, ENKA TC (formerly known as RAMENKA) has been one of the first foreign commercial real estate developers and food retailers to enter the Russian market. Previously ENKA TC owned RAMSTORE hypermarket chain, later renamed to CITYSTORE.
Thanks to an extensive experience and a team of well-educated professionals, ENKA TC can respond with optimal solutions to challenges arising every day.
Nine (9) Kapitoliy Shopping Centers with total area of 420,000m2 host more than 1,100 tenants, which include well-known international and Russian operators like Auchan, MediaMarkt, Castorama, World Class, Zara, IMAX, Mothercare, L’Occitane, Starbucks and others.
Currently a new multifunctional complex called Kuntsevo Plaza with the total building area of 245 thousand sq.m. is under construction. This new multifunctional center KUNTSEVO PLAZA is being constructed on the exact location of ENKA TC’s first Shopping Center near Metro Molodezhnaya, built in 1997. Moreover a modern shopping and entertainment center with a total area of nearly 40,000 sq m is being built in Moscow Region’s Sergiev Posad.
All company projects meet the highest international building standards and are equipped with the most modern and highly technological security, fire suppressing, access control and building management systems as well as high-speed internet connectivity. Coupled with highly professional facility management staff, these features enable ENKA TC to effectively operate Shopping Centers and provide high-quality services to our tenants and visitors.
About Jones Lang LaSalle
Jones Lang LaSalle (NYSE:JLL) is a professional services and investment management firm offering specialized real estate services to clients seeking increased value by owning, occupying and investing in real estate. With annual revenue of $3.9 billion, Jones Lang LaSalle operates in 70 countries from more than 1,000 locations worldwide. On behalf of its clients, the firm provides management and real estate outsourcing services to a property portfolio of 242 million square meters and completed $63 billion in sales, acquisitions and finance transactions in 2012. Its investment management business, LaSalle Investment Management, has $46.7 billion of real estate assets under management.
In Russia and CIS Jones Lang LaSalle have offices in Moscow, St. Petersburg and Kiev. Jones Lang LaSalle, Russia was voted Consultant of the Year in 2004, 2006, 2007, 2008, 2009, 2010, 2011, 2012 and 2013 at the Commercial Real Estate Awards, Moscow and Consultant of the Year at the Commercial Real Estate Awards 2009, St. Petersburg.
For further information, please visit www.jll.ru
About Knight Frank
Knight Frank LLP is the leading independent global property consultancy. Headquartered in London, Knight Frank and its New York-based global partner, Newmark Knight Frank, operate from 330 offices, in 48 countries, across six continents. More than 12,500 professionals handle in excess of US$817 billion (£498 billion) worth of commercial, agricultural and residential real estate annually, advising clients ranging from individual owners and buyers to major developers, investors and corporate tenants. In Russia and the Ukraine, Knight Frank offers a full array of agent and consulting services in all segments of the real estate market. For further information about the Company, please visit www.knightfrank.ru or www.knightfrank.com.