Continued development by RED in Bernstorp

It is now official that, in cooperation with the municipality of Burlöv, RED will continue with their plans to expand the retail area in Stora Bernstorp in Malmö/Burlöv even further.Just over a year ago, RED initiated their extensive plans for the retail area with the vision of making Bernstorp the dominant northern external retail area in the Malmö region.The old Media Markt house is now history and this autumn the new gigantic Bauhaus store of approximately 17,000 square meters will open in its place.

Stora Bernstorp – now becomes # BERNSTORP. The process of re-profiling the entire area is currently ongoing, the facades are being redesigned and new retailers are on their way in to the retail park. Regarding phase 3, which involves approximately 17,000 square meters not yet constructed retail space, far advanced dialogues are now taking place with a handful of strong and well renowned retailers, both within the durable and daily goods segment. This phase is planned to start in spring 2019.

The next phase, which is now being planned, comprises an area of ​​about 40,000 square meters of land where a zooning plan for commercial retail purposes will be put in place.

"The retail areas in the Malmö region is and has long been polarized. Our goal is to put #Bernstorp on the map and thereby consolidate external retail destinations in the northern part to our retail area. We want to see a clearer structure regarding external retail areas in the region where we see the potential to create something that is more reminiscent of the structure between Barkarby and Kungens Kurva in Stockholm." says Ronald Rico, CEO of RED.

The municipal council has expressed its satisfaction in instructing the building committee to commence a zooning plan process for phase four and RED has entered into an agreement with the municipality that gives RED the right to acquire the land when the zooning plan is adopted. The total external retail area will then cover almost 100,000 square meters of commercial retail space.