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McArthurGlen is taking a leisurely approach

Credits: MCArthurGlen
® McArthurGlen - ​​​​McArthurGlen’s European outlet mall project in Giverny

CONSTRUCTION is underway on McArthurGlen’s latest European outlet mall, a 20,000 sq m project in Giverny, northwest of Paris. The scheme, located just 45 minutes from Paris and 35 minutes from the tourist magnet of Versailles, is on target to open in early 2023.
The scheme is already 70% let according to Nick Brady, McArthurGlen’s group managing director, leasing. The majority of pre-lets are from McArthurGlen’s roster of 900 existing brand partners but Brady will be using MAPIC to source new brands to add a point of difference to the scheme.
“Since lockdown we’ve seen a number of new brands enter the outlet market,” Brady said. “For instance Off White has opened at our Serravale site in Italy.”
Reflecting the growing trend for outlets to evolve into all-round leisure destinations, Giverny will feature the Maison des Métiers d'Art, an artisan village bringing together the very best in art, culture and gastronomy from the Normandy region. “Over the years food and leisure have become integral to the outlet mix,” Brady said. “It creates another reason for people to come and it encourages them to stay longer.”
Designed by French architects Arte Charpentier, the Giverny mall is targeting an Excellent HQE sustainability rating. The design includes living walls complemented by nearly 20,000 sq m of green roofing, as well as over 100 electric vehicle charge points.
The €200m Giverny project is being funded through McArthurGlen’s existing joint venture with US-based Simon Property Group. The recently opened West Midlands Designer Outlet in the UK has performed well, according to Brady – and another scheme in Remscheid, near the German cities of Cologne and Düsseldorf, is in for planning.
 
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