Palladium (Prague)

Palladium is a shopping mall located in the centre of Prague in the Czech Republic. It opened in 2007. The mall contains 170 shops and 30 restaurants, with a retail area of 39,000 square metres (420,000 sq ft).[1] There is also designated office space in the building totalling 19,500 square metres (210,000 sq ft).[2] It is one of the biggest shopping centres in the Czech Republic. It is directly opposite another shopping centre, Kotva Department Store.

Palladium
LocationNáměstí Republiky, Prague
Coordinates50°5′21.17″N 14°25′45.86″E
Opening dateOctober 2007
Total retail floor area39,000 square metres (420,000 sq ft)
No. of floors11 (5 retail)
Parking900 spaces
Websitewww.palladiumpraha.cz/en/

History

The site where Palladium stands was under control of the Army until being sold in the 1990s.[3] Construction on Palladium was announced in June 2005, with a projected completion date of autumn 2007.[4] The new design has retained the facade of the previous Josef Barracks building. During the construction process, a number of medieval ruins were found underneath the construction site in an archeological excavation. The remains were removed but not before they were recorded and photographed.[5]

The mall was opened by television personality Leoš Mareš in October 2007, becoming one of the biggest shopping centres in the Czech Republic.[6] The mall closed for three days in February 2008 following a fire.[2] Another fire, in August 2011, caused the evacuation of two floors of the mall, but it was smaller than the 2008 fire.[7] Palladium was the only shopping mall in Prague to be open on Christmas Day 2007, and New Year's Day 2008.[8]

Palladium Praha, the company which operates the centre, announced losses of over 700 million CZK in 2008. The following year, losses were over 2 billion CZK.[1] In 2010 however, the company recorded a profit of 155 million CZK.[9]

Tenants

Palladium contains 200 tenants, including 170 shops and 30 restaurants.[2] Tenants at Palladium include Marks & Spencer, H&M, Albert, Esprit, Marc O'Polo, Starbucks, Pizza Hut and Topshop.[6]

Transport

Palladium houses parking for 900 vehicles. The building is directly connected to the western exit of the Náměstí Republiky metro station on Prague Metro's Line B. The mall is also served by the tram stop Náměstí Republiky for overground public transport.

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See also

References
  1. "Shopping centers reach saturation". The Prague Post. 8 December 2010. Archived from the original on 2 December 2013. Retrieved 19 November 2013.
  2. "Zavřené Palladium připravuje obchodníky o statisíce". Mladá fronta DNES (in Czech). 5 March 2008. Retrieved 19 November 2013.
  3. "Stovka lidí zburcovala pražské nákupní centrum zpěvem hymny". Mladá fronta DNES (in Czech). 7 March 2011. Retrieved 19 November 2013.
  4. "Nové nákupní centrum Palladium". Hospodářské noviny (in Czech). 6 June 2005. Retrieved 19 November 2013.
  5. "Now you see it". The Prague Post. 13 September 2006. Archived from the original on 3 December 2013. Retrieved 21 November 2013.
  6. "Nepokoje? Vítání hokejistů? Ne, to jen otevřeli Palladium". Mladá fronta DNES (in Czech). 26 October 2007. Retrieved 19 November 2013.
  7. "Hasiči evakuovali pražské Palladium kvůli požáru vzduchotechniky". Mladá fronta DNES (in Czech). 29 August 2011. Retrieved 19 November 2013.
  8. "Ježíšek bude mít na Štědrý den otevřeno ještě odpoledne". Mladá fronta DNES (in Czech). 19 December 2008. Retrieved 5 December 2013.
  9. "Nákupní centrum Palladium vede spor o dluh, brání se u soudu". Mladá fronta DNES (in Czech). 8 February 2013. Retrieved 19 November 2013.
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