Parque Corredor shopping center Image: Redevco
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Works in Parque Corredor advance rapidly

The transformation of Madrid’s 123,000 sq m. Parque Corredor shopping center advances rapidly and first units have been handed over to Inditex Group. Zara, Pull & Bear, Bershka and Stradivarius stores to open after this summer.

The renovation works of Parque Corredor Shopping Center, aimed at transforming the leading shopping center in the Torrejón de Ardoz area into one of retail centers of reference in the NE Madrid region, continue to advance at a fast pace. Despite the extensive measures issued by the Spanish government in response to COVID-19, more than 300 workers continued construction works in shifts during the so-called lockdown period, after assuring the implementation of a very strict Health & Safety protocol.  

As planned, four commercial units had been handed over to the Inditex Group. The units, which will be home to Zara, Bershka, Pull & Bear and Stradivarius, comprise more than 6,000 sq m. The Zara unit will be one of the largest stores in the shopping center totalling about 3,800 sq m.  

El Corte Inglés has already reopened a few months ago, covering a surface of more than 3,000 sq m. The stores of Sports Direct (2,900 sq m), Kiabi (1,600 sq m) and Sfera (1,100 sq m) are scheduled to reopen in the second half of August. Furthermore, redevelopment works are underway during July in many stores such as Women Secret, New Yorker, Inside anticipating opening this autumn.  

Parque Corredor is one of the largest shopping centers in Spain, with 123,000 sq m of surface. The large-scale, €45 million renovation affects the entire shopping center and will allow a more balanced distribution of the commercial units with double height façades emphasizing the width and height of the mall. Iconic access points and a new parking are also part of the plan to fully modernize the shopping center and the installation of large skylights create a more pleasant and natural lighting which will also help to reduce energy consumption. These works are completed in August, in order to improve the constant flow of the more than 11 million visitors the center normally welcomes each year.

Parque Corredor currently offers the widest commercial offer in the Northwest area of Madrid, both in food and fashion, services, and leisure, including nine Yelmo cinemas, which have been reopened last week. Furthermore, Parque Corredor offers a bowling alley with 24 lanes and a sports center with capacity for 3,000 spectators.

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