Urban HUB in Kaunas fills up with tenants: agreements have been reached for more than 1,100 sqm of space

2024 m. lapkričio 29 d. 15:51
Lrytas.lt
The SBA Group's Urban HUB project in Kaunas has agreed to lease more than 1,130 sqm of space. These spaces will house a Sinsay store offering trendy clothing, accessories, and home interior products, and a store from the beauty retail chain Eurokos. Currently, nearly 70% of the spaces in the developed buildings of the Urban HUB project in Kaunas have been leased.
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Spaces for different customer needs
Lina Volodzkienė, Head of Commercial and Development at Urban HUB: „The arrival of well-known brands shows that businesses have confidence in our new concept of a business city. The largest project in the Baltics is being developed in Kaunas by traditional retail chains, businesses using classic stock-office space, and organisations looking for modern offices and service providers. It is convenient not only for shoppers but also for our customers. We have developed 28,000 sqm of space at Urban HUB in Kaunas and have concluded 70% lease agreements with 26 businesses“.
The project's first stage has now been completed, and the first building of the second stage has been erected and is in the process of being finalised. The Urban HUB project is planned to develop a total of 70,000 sqm of space and accommodate 100 businesses alongside the country's busiest highway, Vilnius-Klaipėda.
Attracted by its convenient location
Sinsay store, part of a network specialising in fashionable clothing, accessories, and stylish home interior solutions, will occupy 786 sqm of space. It will be located within the Urban HUB project, next to the soon-to-open IKI shopping centre.
Evaldas Balčikonis, Head of Regional Development of Sinsay: „The project attracted us with its new concept, where customers can find essential goods and services while enjoying leisure activities. The community of other well-known brands is also important to us. However, one of the key factors in our decision was the exceptionally convenient location near two major highways, A1 and A6. This Urban HUB concept aligns perfectly with the philosophy of the Sinsay brand, which aims to be close to the everyday lives of its customers“.
According to him, the new store's functionally designed spaces and efficiently arranged assortment will ensure a convenient shopping experience for clients. The store, which will open at the end of January, will offer a wide selection of products at affordable prices—from fashionable clothes for every family member to functional and stylish interior design. It will be the 22nd Sinsay store in Lithuania and the fourth in Kaunas.
The first new design store in Kaunas
One of Lithuania's most significant beauty and cosmetics chains, Eurokos, will open its newest store in the Urban HUB project in Kaunas on December 4. Spanning nearly 350 sqm, the store will offer a wide range of cosmetics, perfumes, and beauty products.
Linas Apulskis, Head of the Eurokos retail chain: „This will be our 120th store, but it's unique as it will be the first in Kaunas designed under our new concept. While refining this design, we aimed to make shopping even more convenient for our customers with a rational layout that allows them to find their desired products easily. We believe the logistically convenient and desirable location of Urban HUB has great potential, enabling us to be closer to our clients and offer them a wide range of beauty products“.
Creating a business city with specialised zones
Together with Eurokos and Sinsay, the second stage of Urban HUB will soon include an IKI supermarket, a Camelia pharmacy, a VET-1 veterinary pharmacy, a Mangų Mangas exotic fruit shop, a Senasis Miestas dessert shop, and an Ecodūmas.
From the A6 road to Karmėlava, Urban HUB will form a daily shopping area easily accessible to residents and commuters. It is also close to speciality shops in the already completed buildings of Stage I. Leisure and beauty services such as a padel arena, a beauty salon, and the Vero Cafe occupy a significant part of the space. Customers will also find specialised household and interior goods shops and service providers. Some of the Urban HUB spaces in Kaunas will house corporate offices and catering facilities.
The Urban HUB project developed by SBA Urban in Kaunas will involve a total investment of about EUR 100 million in several stages. In Vilnius, near Ukmergės Street, the 22,000 sqm Urban HUB project has already been completed, with 65% of the space leased. The investment in this building and infrastructure amounted to EUR 30 million.

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