Aedas lands Brazil shopping mall deal
Architect’s scheme will be built in Aracatuba
Aedas has won a scheme to design a new shopping centre in the Brazilian city of Aracatuba.
Shopping malls are a booming market with 43 due to open this year adding to the 430 that have already been opened. By the end of this year the number of malls up and running in the country will have grown 40% in just seven years.
Aedas’s 120,000sq m scheme for an unnamed retailer is on the edge of the city, which is in the south-east of the country, around 340 miles from Sao Paulo. The development will include retail, restaurants and cinemas. In addition, around a quarter of the development will be allocated to hotels while office space is also planned.
The firm has been targeting work in new markets including Brazil as it looks to consolidate its position as the world’s biggest architect.
Marcus Wilkins, divisional director who is based at the firm’s Birmingham office and heading up the team working on the deal, said: “The development of this site will act as a catalyst for major regeneration that aims to expand the core of the city centre.”
The scheme will be submitted to planning this June and is due to be completed in 2015. Aedas is carrying out the work along with US firm Davis Brody Bond.