The EUR225 million ($339.2 million approx) project with 124 units is developed by Multi Development-C Italia and will be managed by Multi Mall Management Italy. Forum Palermo is Multi’s third project in Italy. It is considered to be a strategic development in Multi’s international portfolio.
Forum Palermo is anchored by a 13,500 square meter Ipercoop hypermarket, a 9,150 square meter stand alone Do-It-Yourself (DIY) anchor and includes the renovation of two existing buildings. It also hosts a mix of international, national and local brands in 124 units, with anchors such as Cisalfa, Conbipel, H&M, Mediaworld, New Yorker, Piazza Italia and Scarpe & Scarpe. A 7-screens UCI cinema will open in early 2010 and the stand-alone anchor, Leroy Merlin, will open in late 2010.
Multi’s T+T Design created the master plan and Lombardini 22 and Progetto CMR, both from Italy, are the architects. Palermo is designed as an enclosed scheme with most of the shops and facilities at ground level. Three entrances lead to three squares linked by large-scale malls to form a mix of styles inspired by the various cultures and atmospheres of Palermo.
Forum Palermo takes the lead in sustainable development by significantly reducing energy consumption, and the extensive use of solar panels further helps to reduce the centre’s footprint and energy use.
The project’s design fits perfectly with the site area, making Forum Palermo a bridge between the sea and the mountains rising behind a short strip of flat land. The bright indoor spaces are designed to create a pleasant atmosphere with a Mediterranean touch, while a landmark tower will reinforce the project’s distinctive image.
Multi is active in 17 European countries. The company’s head office is in the Netherlands and it has offices in Belgium, Czech Republic, France, Germany, Italy, Luxembourg, Poland, Portugal, Spain, Switzerland, Turkey, Ukraine and the UK.
