The construction costs associated with retail projects are similar throughout Europe. The slow decline of the individual, free standing, small retail unit continues. The retail model is changing and out of town shopping centers, local shopping, specialized groupings, huge multifunctional centres and all-encompassing retail ‘experience’ centres are more popular. Northern Europe looks for a warm comfortable experience whereas Southern countries look for cool air conditioned spaces. Many shopping centres from previous decades are conspicuously dated, failing to offer the current required retail experience. Most of the new centres are about more than just the retail unit adding in food and entertaining with large convenient parking areas (parking construction costs are covered in a separate section). Most developments offer basic retail shell units to the tenants but chain retailer designed requirements are more common. The current sophistication of M&E and services increases the cost of those parts of construction in typical modern constructions. The investors in this sector are often international so a certain amount of repetition between countries is more common and experience from one country may be of assistance in others.

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Trends are changing so our models reflect current demand and national planning rules can affect the premises allowed. Some countries restrict very large supermarkets in urban areas and conversely large out of town mega-stores are declining in popularity

The cost schedule shown is typical of the cost information we provide on the members site. Members benefit from regular cost updates, regular exchange rates updates and of course enables similar buildings in other European countries to be compared with your selected example. Using the basic costs provided it is possible to create an estimate for your project using our easy 4 step online calculation tool.

ECC aims to provide a comprehensive representation of all construction costs related to retail projects. In addition to providing insight into the cost of new construction efforts, our specialists have also compiled data concerning refurbishment and rebuilding. The addition costs of parking are presented in a separate section which may be added to the project cost. As a result, you will always be able to find relevant information, regardless of the scope of your specific project

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