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Sofia Building Enterprise to build BGN 71 M mall in Sofia

Date: 30.04.2007

Sofia Building Enterprise said on Wednesday that it plans to invest at least BGN 71 M to build its Tsarigradski Mall in the Druzhba district of the capital.

The mall will have a built-up surface of 13,000 square meters on each of the three floors, as well as a three-level subterranean parking lot for 2,300 cars.

The blueprint also includes a total of 15,000 square meters of office space, a hypermarket, and a luxury penthouse restaurant.

The mall will be located near the Tsarigradski residential estate, now being built by Sofia Building Company, which is also the main shareholder of Sofia Building Enterprise.

The enclosed luxury estate and the mall will be built next to the Druzhba residential district on one of the capital's major thoroughfares, Tsarigradsko Shosse boulevard.

Both the 1,300-apartment estate and the mall will be completed in 2009.

Recognized as a major investment by the country's state investment agency BAI, the mall qualifies for state aid. The company plans to ask the government to expand a nearby road exit that would improve access to the mall.

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