Park Lane Developments and Mitiska REIM have acquired a second plot of land in Sofia’s Nadezhda district to develop a new retail park. Bulgarian retail chain “Fantastico” will be a key partner, establishing a modern supermarket within the project.
The shopping park will be located in the “Copper Factory” area, near the newly constructed overpass, providing a direct transport link between the Lyulin, Ilinden, Vrabnitsa, and Nadezhda neighborhoods.
The Nadezhda retail park will offer over 13,000 square meters of retail space and 210 parking spaces. Visitors will have access to more than 20 stores across various categories, including fashion, home goods, electronics, a drug store, a pet store, and others, alongside a fitness center and restaurants. The park will be built with sustainability in mind, and the developers aim to achieve BREEAM “Excellent” certification for buildings in operation. The site will feature landscaped parking areas, with greenery, electric vehicle charging stations, and bicycle racks.