New Gastronomy Offer – Fully Let Already Early On
In the middle of the open-air shopping center in Sulzbach near Frankfurt am Main, the “Food Garden” is a new, lively center with a high-quality, varied range of restaurants with five free-standing restaurant buildings with partly covered and partly open terraces, attractive green outdoor areas and sophisticated architecture. The new buildings are also being constructed with a particular focus on sustainability and are being built entirely from wood, a renewable raw material.
The “Food Garden” is already fully let more than a year before it opens: Well-known concepts such as the restaurant concept “Alex”, the pizza and pasta concept “L’Osteria” and the steakhouse concept “The Ash” have been secured as new anchor tenants in the gastronomy sector. Several other well-known regional restaurant concepts complement the high-quality tenant mix, including the Frankfurt restaurant concept “MoschMosch”, which was developed in the style of the Japanese noodle bar.
Example Of The Flexibility And Adaptability Of Shopping Centers
The aim of the strategic further development is to supplement the high-quality tenant mix with an extensive range of gastronomic offerings, thereby further increasing the quality of stay and length of stay in the Main-Taunus-Zentrum and creating additional incentives to visit. At the same time, the development of the “Food Garden” is a good example of the flexibility and adaptability of shopping centers: the new gastronomy concept is being created on an area of around 9,000 sq m and with a total rental area of 4,000 sq m in place of a former Karstadt department store, which was closed and subsequently demolished in 2020 and is now being replaced by a new usage concept adapted to the needs of the center and its customers as well as to the structural changes in the retail sector.
The German EuroShop and a closed-end real estate fund are investing around 28 million euros in the project as owners. ECE Marketplaces, which is also responsible for the operation and leasing of the center, is responsible for the planning and implementation.
