All of the parties on the Amsterdam-Noord Borough Council (“deelraad”) have chosen Multi Vastgoed’s plan for the development of the Mosveld shopping centre in Amsterdam-Noord. This means the Council adopted the Executive Board’s earlier choice for Multi’s plan which means Multi left behind the other participant in the competition, ING Real Estate/Ymere.
The Mosveld shopping centre (around 7,000 mē of retail space and food outlets) will become the new heart of the old part of Amsterdam-Noord. It targets the current inhabitants of Noord and the inhabitants of Amsterdam-Noord’s many future residential developments. There will be two supermarkets in the shopping centre and shops for daily shopping needs.
A new food court will also be created, and a market, which will be located on the square in front of the shops. This will create the optimum synergy between visitors to the market and the shops. The shopping centre will have excellent connection to the existing and new infrastructure and the underground car park (470 parking spaces) is within direct reach of one of Amsterdam-Noord’s most important arterial roads. The shopping centre is also located at walking distance from the new Noord-Zuid line underground station. There will be around 215 apartments above the shops. The special mix of retail, food outlets, the market and housing will create the optimum residential climate. Councillor Kees Diepeveen explains: “A convincing element in Multi Vastgoed’s plan is that the entrances to the houses will be at street level on the side of the Van Hasseltweg, creating a proper city street. It is also very important that Multi Vastgoed has located the market next to the shops. That’s good because the market and the shops depend on each other.”
The development was conceived by T+T Design of Gouda and the architect is SeArch of Amsterdam. The shopping centre is scheduled to open in 2010.
Profile of Multi Vastgoed
Multi Vastgoed is a subsidiary of Multi Corporation, a leading company in Europe in the field of developing, owning and operating quality shopping centres, offices and mixed-use projects through its subsidiaries Multi Development, Multi Investment Management, Multi Asset Management and Multi Mall Management. With the backing of a Morgan Stanley Real Estate Fund, Multi combines financial strength and investment capacity with its experience and proven track record as a developer of sustainable high quality projects. Multi is strongly committed to further growth and its strategy continues to be to carry out developments and investments in European countries where there is significant potential.