This news article was originally written in Spanish. It has been automatically translated for your convenience. Reasonable efforts have been made to provide an accurate translation, however, no automated translation is perfect nor is it intended to replace a human translator. The original article in Spanish can be viewed at Plaza inicia las obras de urbanización de la Zona de Futuros Crecimientos

Plaza began the works of urbanization of the area of future growth

31/08/2010

August 31, 2010

The works of the future growth area of Logistics platform of Zaragoza (Plaza) are about to complete the movement of land, and to have begun the work of urbanization with the installation of the first services - drainage and sanitation-. Also, Decathlon works in the construction of the ship that will be used in the next few years of logistics warehouse and distribution for Spain and some European countries.

Plaza sources indicate that the current state of works shows that are being met on schedule. It should be recalled that Plaza awarded works of urbanization of the area of future growth for an amount of 6.469.958 euros and a period of 12 months for the implementation of the work.

Throughout the area of future growth provides as main and compatible uses the logistics and the commercial and as complementary industrial uses, provided that they are linked to the primary use. The maximum area to commercial will be 25% of the maximum aren't area assigned to each parcel. Throughout this area expansion of square minimum plot will be 4,000 square metres with a maximum occupancy of the plot of 75% and a maximum height of four floors.

The initial approach is an area to complement the logistics with the commercial sale, i.e., storage and logistics distribution with a point of sale open to the public. This design has become a trend in today's markets, and indeed guidance that are being imposed on other logistics sites.

It is expected that urbanization works are completed in the spring of 2011. They include all the services of access, water, electricity, telephony, with the exception that will have to coordinate this work with the passage through this area of future growth in two lines of electricity supply from Endesa of 132,000 and 220,000 kilowatts that will serve to enhance the capacity of the electrical substation of Plaza service.

Develop and provide services to this area of 60 hectares will cost EUR 6.5 million.

On the other hand, it should be recalled that Decathlon already signed an agreement for the acquisition of a first parcel of 91,000 square metres in this area of future growth, where the sports equipment firm would raise a ship around 50,000 in November 2009 with square. The agreement also includes a call option on a second plot of 50,000 square meters, to expand the area of storage in other 24,000. I.e. that Decathlon would have in place with an area of storage on the 75,000 square meters. From these stores it would distribute in their stores, Spanish and European, preferably through the transport by truck.

Decathlon store in this area of Plaza will be an area around the 8,000 square meters. with the forecast, it also count with 750 parking spaces. The employment generated will be of 350 people.

Forecasts that are works in PLAZA set the completion of the first store of Decathlon by mid-2011 while the store would open its doors to the public in 2013.