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Eglė Juškienė, the Europe director, declined to disclose specific investment and reconstruction plans to BNS. He said the transformation was planned for 2021-2022.
“Both the specific terms of the works and the investments will be finalized later,” the head of Europe told BNS.
According to her, 22 thousand people have been operating since 2004. kv. Europe is probably the only shopping center that has not yet been rebuilt, so its renovation has matured naturally.
“We have been operating for several years, so changes are needed to prepare the shopping center for a new life cycle,” said E. Juškienė.
According to her, after the reconstruction, there will be no additional space in the mall, but the new location will better adapt to the changing needs of customers.
“Our goal is to offer a new and functional concept of a modern shopping center: a shopping and meeting space. We strive so that each square meter of common areas is adapted to the convenience of customers and has a clear function,” said E Juškienė.
According to her, during the reconstruction, the shopping center will be operational.
The Baltic Horizon fund announced on Monday that the reconstruction plan will be drawn up by Finnish architecture and interior studio Bolder Development. According to E. Juškienė, the architects will have to create a new concept of shopping center and interior design.
Baltic Horizon Fund, which focuses on commercial real estate in the Baltic capitals, manages 15 commercial real estate with a value of more than 355 million LTL. euros.
Currently, the foundation is developing the BH Meraki office building project in Vilnius, together with the Domus Pro shopping complex under its management, as well as the management of the Duetto and North Star office buildings.
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