Riga citizens are used to an abundance of shopping options, but according to developer Akropolis Group, they will soon will be able to enjoy retail therapy to an unprecedentedly lavish scale. Riga is getting its own Akropole shopping centre, built by Lithuanian company Akropolis Group UAB in Kengarags suburb of Riga, 15 minutes drive from the city centre.
The 14.8 ha of the former Kuznecov porcelain factory territory will be transformed into a shopping, leisure and business centre with ice-skating arena, cinema, bowling, food-court, and Maxima XXX. Total investment in the project will be about €100m.
The complex will be ready to accommodate 200 tenants on 60,000 sq m of retail and 6,700 sq m of office space, which makes Akropole one of the biggest Riga shopping centres by gross leasable area (GLA).
The developers have pledged to retain the historic heritage of the site. The building of the porcelain factory will be brought back to life on the first floor of the centre, which will be converted into a colonnade and where a full-size chimney will be reconstructed.
There are already two centres, Mols and Azur, in the close proximity to future Akropole, but Arvydas Tyla, head of development at Akropolis Group, says “the concept of Akropole differs from other shopping centers and we are used to working in tight competition in the market. On the other hand, we always see competition as engine for perfection, as it moves the whole market forward and is good for consumers”.
Following the tragic collapse of Maxima shopping centre in Riga in November 2013, tighter technical control will be introduced and the technical solutions for design are expected to be subject to expert scrutiny.