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Saturday26 July 2014

McAdam unveils its Chinese corner of France

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130ha trading centre was under wraps for two years

McAdam has unveiled plans for a huge Chinese Trading & Expo Centre in Northern France.

Located on a 130ha brown field site in the Lorraine region near the border of Germany, the European International Trade Centre (ITEC) will consist of a 3m sqm retail space with four expo halls, as well as hotel accommodation for visitors and 500,000sq m of logistic storage.

A new railway is also planned to connect the centre with the mainline station in nearby Metz.

The project has been kept under wraps for the past two years, but now the new development has gone in for planning after being given the go-ahead by the General Council of Moselle.

A spokesman for McAdam said: “It is a rather unusual project and has revealed how global economics are working in real estate today, whether we like it or not. It is perhaps the way these mega retail developments will go in the future. While we are at the very early stage of the process, the project is advanced as a strategy. However the impact of such an enormous retail development in Europe is unknown and there is a lot of work to do.”

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