Dounav Mall Breaks Ground March 20

Dounav (Danube) mall project, the first shopping centre in Rousse, designed in line with International Council of Shopping Centres (ICSC) standards, will break ground on March 20, its developer Marmeg said.

Marmeg, owned by businessmen Ventsislav Rachev and Dimitur Dimitrov, will invest 15 million euro in the project. The company was set up expressly to build the mall.

Foros real estate is the exclusive agent of the commercial complex, which was designed by Georgi Stefanov. Financing has been secured from the Austrian Hypo-Alpe-Adria Leasing through a 12-year leasing contract. Currently, this is the company’s largest project in Bulgaria.

The firm, which sees Rousse as a town with a good potential for growth and a favourable business environment, is negotiating with the municipality and local business people for financing other enterprises in the region.

The shopping compound boasts a prime location. It is at the intersection of four big thoroughfares - the Danube bridge’s entrance, the road exits from the town’s centre to Sofia, Varna and Silistra. It is in close proximity to Industrial Park Rousse, which has more than 10 000 employees.

The five-storey Dounav mall will have an underground parking with a capacity for 228 cars. The ground floor will house a 2 200 sq m supermarket, shops, bank offices and service stations. The first and second floors are allocated for fashion, furniture, hi-tech and entertainment units. A casino has been planned as well.

The third storey will feature areas for recreation and amusement, a food court and an open terrace with a view on the river. The gross actual area of the compound is 31 796 sq m.propertywisebulgaria.com