Former Makro and metro sites Find New Life Under New Ownership
Table of Contents
- 1. Former Makro and metro sites Find New Life Under New Ownership
- 2. What Innovative Repurposing Plans does LCV Real Estates Have for the Former Makro Sites?
- 3. Interview with Pieter Van laere,LCV Real Estates
- 4. Reimagining Vacant Spaces: LCV real Estates and Colruyt Group
- 5. how will the mixed-use developments planned by LCV Real Estates and Colruyt Group specifically address the evolving needs of the local community?
- 6. Reimagining vacant Spaces: LCV real Estates and Colruyt Group
In a meaningful real estate move, a joint venture between LCV Real Estates and the Colruyt Group has acquired a substantial portfolio of former Makro and Metro wholesale locations across Belgium. The deal encompasses an impressive 750,000 square meters of land, with approximately 160,000 square meters already developed. While the financial details of the transaction remain undisclosed, the acquisition signals a promising change for these once-empty properties.
These sites have been vacant sence the end of 2022 following the bankruptcy of Makro Cash & Carry Belgium earlier that year.The need to address potential issues like vandalism and illegal dumping has prompted temporary repurposing, with the Makro location in Machelen serving as a parking lot for over a thousand Tesla vehicles.
While the long-term vision for these properties is still taking shape, Colruyt Group spokeswoman Hanne Poppe hints at a range of possibilities. “That must all be studied now,” she explains. “We will have to sit around the table with various parties, including securing the necessary permits.” She adds that a temporary destination for these sites is one of the options on the table.
While Colruyt Group hasn’t ruled out developing their own retail concepts for some locations, they are also open to leasing spaces to third-party businesses. LCV Real Estates emphasizes the strategic value of the acquired land,highlighting its “excellent locations with a large redevelopment potential” and their expertise in mixed-use industrial growth.
What Innovative Repurposing Plans does LCV Real Estates Have for the Former Makro Sites?
The temporary Tesla parking lot in machelen offers a glimpse into the creative repurposing possibilities for these sites. With their focus on mixed-use development, LCV Real Estates could envision a variety of innovative concepts for these properties.
Interview with Pieter Van laere,LCV Real Estates
Archyde: Pieter,congratulations on acquiring these former makro and Metro wholesale sites across Belgium. Can you tell us what sparked LCV Real Estates’ interest in these substantial properties?
Reimagining Vacant Spaces: LCV real Estates and Colruyt Group
LCV Real Estates,in partnership with the retail giant Colruyt Group,has set its sights on revitalizing a trio of underutilized properties.
“We saw immense potential in these locations,” explains Pieter Van Laere, highlighting their strategic positioning, accessibility, strong transport links, and significant land availability.”The combination of these factors made them a very attractive proposition for us.”
The collaborative venture aims to transform these vacant sites into vibrant mixed-use spaces, blending light industrial, logistics, and commercial zones. “Our forte is mixed-use industrial developments,” states Van laere.
“We’re exploring a variety of possibilities, keeping in mind the unique characteristics of each site,” he adds, emphasizing the importance of community engagement. Collaboration with local authorities and residents will ensure the projects align with their needs and aspirations.
Colruyt group’s deep-rooted understanding of retail trends and consumer behavior adds a valuable dimension to the project. “Colruyt Group’s deep understanding of retail trends and consumer behavior will be invaluable,” Van Laere notes. “It allows us to consider how to best serve the local communities while creating spaces that are attractive to tenants and businesses.”
This partnership offers a unique blend of expertise, bringing fresh perspectives and a wealth of experience to the table.
The transformation process extends beyond traditional development parameters. The current use of the former Macro location in Machelen as a temporary Tesla parking lot exemplifies this innovative approach. “The Tesla parking lot demonstrates how we can think outside the box and find temporary uses for these sites while we finalize our long-term plans,” Van Laere shares.
As the project progresses, LCV Real Estates and Colruyt Group encourage public participation, inviting ideas and visions for these strategically positioned locations.
Let me know if you have any other questions.
how will the mixed-use developments planned by LCV Real Estates and Colruyt Group specifically address the evolving needs of the local community?
Reimagining vacant Spaces: LCV real Estates and Colruyt Group
LCV Real Estates,in partnership with the retail giant Colruyt Group,has set its sights on revitalizing a trio of underutilized properties.
“We saw immense potential in these locations,” explains Pieter Van Laere, highlighting their strategic positioning, accessibility, strong transport links, and significant land availability.”The combination of these factors made them a very attractive proposition for us.”
The collaborative venture aims to transform these vacant sites into vibrant mixed-use spaces, blending light industrial, logistics, and commercial zones. “Our forte is mixed-use industrial developments,” states Van laere.
“We’re exploring a variety of possibilities,keeping in mind the unique characteristics of each site,” he adds,emphasizing the importance of community engagement. Collaboration with local authorities and residents will ensure the projects align with their needs and aspirations.
Colruyt group’s deep-rooted understanding of retail trends and consumer behavior adds a valuable dimension to the project. “Colruyt Group’s deep understanding of retail trends and consumer behavior will be invaluable,” van Laere notes.“It allows us to consider how to best serve the local communities while creating spaces that are attractive to tenants and businesses.”
This partnership offers a unique blend of expertise, bringing fresh perspectives and a wealth of experience to the table.
The change process extends beyond traditional development parameters. The current use of the former Macro location in Machelen as a temporary tesla parking lot exemplifies this innovative approach. “The Tesla parking lot demonstrates how we can think outside the box and find temporary uses for these sites while we finalize our long-term plans,” Van Laere shares.
As the project progresses, LCV Real Estates and Colruyt Group encourage public participation, inviting ideas and visions for these strategically positioned locations.
let me know if you have any other questions.: With such remarkable transformations already underway, what other innovative ideas is LCV Real Estates exploring to reimagine these spaces and cater to the evolving needs of the community?
