Sinloc has supported Leroy Merlin, an international group based in France that operates in the DIY market with over 62 thousand employees and a turnover of 13 billion, to prepare a promoter proposal for submission to the Municipality of Padua to redevelop and manage the Ex Foro Boario area located in Corso Australia for the entire duration of the concession.
The project was presented to the Municipality of Padua in November 2016 and is awaiting a statement of public interest so as to subsequently launch the public tender, aimed at identifying the private organisation that will develop the project.
The goal is to upgrade the area by building a retail complex (and resulting changes to the road network), due to house a new Leroy Merlin store which will include a fab lab, an area designed for courses where the customers can learn DIY techniques and then purchase the products they need.
The project will increase employment by creating new jobs. It will be developed with an expected investment of about € 33 million and a gross floor area of about 32 thousand m2.
The project has also involved ZED, a Padua based company that organizes and manages concerts at the Geox theatre, also located in the redevelopment area.