Prague The Style Outlets is scheduled to open in autumn 2017. The property benefits from its proximity to Václav Havel Airport, less than five minutes away, whilst Prague’s city centre can be reached in 25 minutes. The 90-minute catchment area has more than 4.5 million residents, with an average purchasing power 40% above the typical CEE shopper. In addition, Prague is visited each year by 6.6 million tourists and this number is growing.
The look is based on a traditional Prague high street architectural design and will provide a unique high street outlet shopping experience indoors. The centre will have approximately 110 units located in more than 20,000 m² of gross leasable area (GLA), creating the leading outlet destination in the Czech Republic. The second phase, with an additional 10,000 m² of GLA, is scheduled for two to four years later, although this does not limit further expansion, as the project site allows for additional retail areas.