HB Reavis set to begin work on Stanica NIVY a new supra regional shopping destination for Bratislava – EuropaProperty

HB Reavis has received the green light to start work this summer on Stanica NIVY, a new supra-regional shopping destination and international bus station in Bratislava, after successfully gaining construction consent. The project will play a significant role in reviving this part of the city and will create a new social hub with an excellent retail mix, outstanding services along with a fantastic food offer.

Designed by London architects Benoy and local architecture practice Siebert+Talas, the mixed-use scheme will deliver 70,000 sqm of retail space, a 30,000 sqm office tower and a new 30,000 sqm international bus station. The plans also include reconstruction of the nearby Mlynské Nivy Street.

One of the scheme’s stand-out features is the 3,000 sqm fresh food market offering quality seasonal goods and home-made products, making Stanica NIVY a real foodie destination. In addition, the green rooftop garden the size of two football pitches with a running track and chill-out zones will create a new quality green public space, encouraging relaxation among families and those who work in the area or are visiting. The scheme is expected to attract over 50,000 visitors daily when it opens in 2019. As many as 20,000 travellers are expected to use the new fully-integrated bus station on a daily basis, making Stanica NIVY the new gateway to Bratislava.

The developer is also working to develop a new cable car system to connect both banks of the Danube River to alleviate traffic during the construction process as well as to improve the city’s overall infrastructure long term.

The entire project is being financed by HB Reavis, representing a total investment volume of €345 million (€270 million for the international bus terminal, shopping mall and marketplace, €75 million for the office building). The project works also include a significant investment by HB Reavis into the area’s technical and transportation infrastructure in the region of €24 million.