Saint Lazare new retail space
A new retail space in the Paris Saint-Lazare train station
Klépierre announces that its new retail space located in the Saint-Lazare train station itself, in the heart of Paris, will open to the public on March 21, 2012. The lease-up phase, nearly complete, is already a success. On opening, this space, offering around 80 stores and 3 mid-sized units over 10 000 sq.m. of GLA,1 will feature an attractive mix gathering powerhouse retailers and concepts specifically adapted for railway station retail. A retail facility investor, developer and manager, Klépierre is the artisan behind the new retail space located at the core of Saint-Lazare train station in Paris. Winner of the competition launched by the SNCF for retail real estate specialists in 1996, Klépierre signed a 40-year occupancy permit with the SNCF in July of 2008, which allows it to operate the retail space. The creation of this space represents an investment of almost 160 million euros for Klépierre. The Group, via its subsidiary Ségécé, is handling leaseup and will ensure management of the retail space. This retail space is one of the key elements of the overall program SNCF is conducting for the purpose of transforming the oldest train station in Paris into a friendly and luminous destination for shoppers and travelers alike. Modern, comfortable, practical and open to the surrounding city, the new Saint-Lazare train station will feature transparently functional spaces. Pedestrians will circulate fluidly thanks to a series of new vertical links around which the retail space is organized: four vast stair cavities will house 20 escalators (compared with 8 previously). A brand new glass roof allows natural light to pour into all three levels of the station: from the platforms to the underground Paris métro level. Located in a dynamic district (Haussmann Opéra), which is the main retail and business area of Paris, Saint-Lazare train station retail space will attract all types of clients whether they are travelers hoping to save time or, on the contrary, take a few moments to shop, employees of the surrounding offices, inhabitants of the district or visitors to neighborhood: as the second-largest station in Europe in terms of traffic, Saint-Lazare is a major convergence hub as well (trains, 16 bus lines, 5 metro lines and 2 RER lines - regional trains) and welcomes 450 000 travelers each day – primarily people living in Western Paris – and more than 1 million visitors, all types of transit combined. Around 200 000 people work in the area and the district is also the first cultural and tourist destination of the French capital.
Photos copyrights: : Klépierre Ségécé (left) ; Spie Batignolles (above)
