Shopping city at 100 ha - "Verano" to buy land in Čukarica

Company "Verano", which already has the developed business network in Belgrade, plans to start construction of a large park – shopping city alongside the Ibarska main route in the borough of Čukarica, only 200 meters away from the newly built part of the bypass, in one year. According to the preliminary concept, the entire complex will occupy the surface of 100 ha and total of 500,000 square meters will be developed.

Surrounded by two exceptionally important junctions, such as the Ibarska main route and the bypass, this location has a very good transportation potential, so that it is suitable for that type of the project.

The complex should have 17 large retail facilities for various purposes. Although company "Verano" provided major share of funds for the project, company "Citadel" with its fund "Triumph" and company "Yu kapital", which is hired by "Verano" to work on development of the building land, participate in this project as well.

- The shopping city should have an automobile showroom, a multiplex cinema, outlet stores, restaurants, "cash and carry" hypermarkets, specialized trade centers for furniture, textile and vast parking space. This project will be based on similar projects for complexes in Vienna and Ljubljana – people in company "Yu kapital" explained.

According to the general land-utilization plan, facilities of this type can be built at this location and, if everything goes as planned, the first works should commence at the end of the next or at the beginning of year 2010.

- The project is divided into two detailed plans. The first plan will be put on public display in two months, while the public insight into the second plan will be made possible in four months. If the Parliament adopts them, construction works will start in about one year and, in that case, the whole complex should be finished in 2014. This idea is very close to realization. However, nothing is definite yet and we are currently in the phase when the land is being purchased from private owners – people in company "Yu kapital" explained.

(Note: the text is taken from newspaper Blic of January 5, 2009)