Monday, 25 August 2025
SES Spar European Shopping Centers has started construction of S-PARK Varaždin, a new retail park on the former site of the “Varteks” textile factory. The project, located on Zagrebačka ulica near the city center, involves demolishing the existing structures before work begins on the new development later this year. Completion is scheduled for 2027.
The 11,500-square-meter retail park will feature 12 shops, restaurants with outdoor seating, and a range of services. A key component will be the region’s first INTERSPAR hypermarket. SES is investing more than EUR 28 million in the development, which will also include 430 parking spaces, e-charging stations, and bicycle facilities.
The project has been designed to incorporate elements of the site’s industrial past. Portions of the original brick architecture will be retained and combined with modern construction. Sustainability measures include LED lighting, infrastructure for e-mobility, and provisions for photovoltaic systems.
According to SES CEO Christoph Andexlinger, the project will make use of the historic site while providing new shopping and service options for the city and surrounding areas. Varaždin’s deputy mayor, Miroslav Marković, welcomed the investment, emphasizing its potential for job creation and improved local services.
With a population of around 46,000, Varaždin is regarded as one of Croatia’s stronger regional economies. SES expects the new retail park to serve both the city and nearby residential districts, complementing local amenities such as the football stadium and swimming pool.
SES has been active in Croatia since 2009, operating the King Cross Zagreb shopping mall since 2018. The company manages 31 shopping locations across Central and Eastern Europe, with a total leasable area exceeding 855,000 square meters. The S-PARK Varaždin project marks a further step in SES’s regional expansion.
