La Marina de Finestrat shopping centre in Alicante. Image: Chapman Taylor.
Ticker

Chapman Taylor supporting on remodelling of La Marina de Finestrat shopping centre in Alicante

Chapman Taylor, working with Resolute Asset Management and Why Media have been appointed to comprehensively remodel the La Marina Shopping Centre in Finestrat, Alicante for its 20th anniversary year.

The area’s largest shopping centre, La Marina requires modernisation to equip it for a rapidly changing retail and leisure marketplace. The redesign will create a new kind of retail and leisure experience for people of all ages, opening up the centre’s terraces to create a relaxing leisure space with beautiful views to the Mediterranean Sea.

The rejuvenated shopping centre will include a mix of leisure, restaurants, cafés, bars, entertainment and a curated market space for seasonal local produce, delivering a family day-out destination for the residents of Alicante and beyond.

The construction of two phases are planned to start soon; the first will create new leisure units on a 3,400 sq m roof terrace while the second will create a 3,100 sq m F&B terrace. Further works in future phases are under consideration.

Why Media, the centre’s Marketing and Communication Agency, has just completed rebranding the centre and has begun the internal modernisation process, including the provision of free high-powered WiFi and interactive digital store directories. Why Media is recognised as one of the world’s leading agencies in the enhancement of retail space.

Chapman Taylor Director Mikel Barriola says: “Congratulations to Resolute Asset Management and everyone at La Marina on the centre’s 20th anniversary! It is a pleasure to be working with Why Media and Resolute Asset Management to reposition this fantastic shopping centre, ensuring it is well placed to thrive in the coming decades.”

Gerry Martin, Asset Manager for the scheme, explains: “As a working group, our ambitions for La Marina Shopping Centre are truly aspirational and I am pleased to have the right team to help deliver a new La Marina fit for purpose over the next 20 years”.

Sign up for our ACROSS Newsletter. Subscribe to ACROSS Magazine.

Ticker MORE

EXPO REAL—safe and diverse

EXPO REAL is experiencing a strong tailwind from a successful IAA Mobility, which proved that Messe München's hygiene and safety concept works.

H&M extends lease in WILMA and brings second H&M Home to Berlin

H&M and Unibail-Rodamco-Westfield (URW) Germany are sending a strong signal for offline retail, for Berlin and for WILMA in Berlin Charlottenburg-Wilmersdorf: The Swedish textile retailer H&M extends its current lease in the shopping center for the long term and also increases the sales area.

The European Council of Shopping Places welcomes safe asset group as risk management partner

European Council of Shopping Places (ECSP) and SAFE Asset Group are joining forces as of September 2021 to partner a future focus on managing risk within the retail property sector. Their relationship will result in the sharing of information and best practice on risk management and operational resilience to ECSP members based on SAFE’s world-class experience and expertise.

UKCM acquires Trafford Retail Park near Manchester for £33 million

14 September 2021: UK Commercial Property REIT Limited (“UKCM” or the “Company”), which owns a diversified portfolio of high-quality UK commercial property, announces that it has acquired Trafford Retail Park, near Manchester, from Peel L&P for £33 million.

Lars Larsen Group strengthens the retail organisation

As of 1 September 2022, current President & CEO of JYSK, Jan Bøgh, will take up a new position as President & CEO of Lars Larsen Group Retail.

Forbes Cloud 100: Yardi makes list again

Yardi has been named for the sixth time to the Forbes Cloud 100, the definitive list of the top 100 private cloud companies in the world. Yardi was a member of the inaugural Cloud 100 in 2016, landed at No. 34 for 2020, and is No. 50 this year.