The Warsaw Central Retail District concept was coined by Colliers International analysts and reflects the latest retail trends. The district includes such projects as: Arkadia shopping center, Klif Fashion Mall, Towarowa 22 (planned retail project), Koszyki Hall and Plac Unii City Shopping. Moreover, popular spots among the inhabitants and tourists are located within the boundaries of the zone: Old Town and part of the Royal Route, as well as the left side of the Vistula River, dominated by seasonal gastronomy.
“Warsaw retail map changes with the dynamic development of the city. A new trend we have observed is retail space being located in revitalized historic buildings and in new mixed-use buildings. Developers, already at the early phase of the project, more and more frequently decide to devote part of space to retail, services and gastronomy purposes. This particularly concerns the centre of Warsaw,” said Dominika Jędrak, Director of the Research and Consultancy Services at Colliers International.
Such investments include, among others, Varso, J44, CEDET, Ethos, Mennica Legacy Tower or Hotel Europejski. Some of them will also include the offer of premium brands (e.g. Hotel Europejski and Ethos). This trend also concerns revitalized buildings, an example of which is Koszyki Hall or planned ArtN, EC Powiśle and Browary Warszawskie.
There are two particular areas with the premium offer in the Warsaw Central Retail District.
The first one covers areas surrounding Krakowskie Przedmieście and Piłsudski Square, where Metropolitan office building is located with, among others, Redford&Grant shop (Channel, Dior, Valentino). The second one covers the square demarcated by streets Piękna, Krucza, as well as Aleje Jerozolimskie and Aleje Ujazdowskie. This is where Warsaw’s most important retail store in the premium segment (DT Vitkac) and regaining its former splendour Mokotowska Street with multibrand premium stores are located.