The Frascati Centre in Blackrock has now fully opened after its €30m extension and refurbishment, marking the completion of the first major shopping centre development since the recession.
The centre has doubled in size and now has over 170,000 sq ft for retail and other uses. Anchor retail tenants include M&S, Aldi and Debenhams with Vodafone, Boots, Bannon Jewellers, Vienna Shoes, Bookstation, Pamela Scott, Serena Boutique, Sun Bear Gelato, Health Store and Murrays Mobile also having outlets there.
The dedicated restaurant hub includes Kays Kitchen, Five Guys, McDonalds, Café Nero, M&S Café with more to come. It has panoramic views over Dublin Bay.
The modern, open-plan centre also has Irelands first dedicated Health and Beauty quarter which includes a flagship new Peter Marks, gents grooming/pampering studio at Sugar Daddys, Sugar Coated manicures, Sisu Aesthetics Clinic beauty plus Blackrock Medical Centre, Yoga Hub and a gym.
There a number of key retail units still available for leasing. CBRE and Cushman and Wakefield are the joint letting agents for Frascati. The Frascati Centre project is being undertaken by Burlington Real Estate on behalf of Invesco Real Estate, a global real estate investment manager.
Speaking this week, John Bruder of Burlington Real Estate said, "This centre will provide the most modern retail offering in the country, outdoing all of its competitors for design and style. The diversity of what is on offer at Frascati is central to a strategy of attracting customers to visit retail outlets despite the prevalence of online shopping in modern culture."
He added, "While customers are finding online shopping convenient for various purposes, our attractive and comfortable food and beverage space and high-end health and beauty quarter along with modern leisure and medical facilities ensure visitors get an experience here that they cannot get through online shopping."
Source: www.businessworld.ie