Jumbo shopping centre explained

Jumbo shopping centre
Native Name:Kauppakeskus Jumbo
Native Name Lang:fi
Location:Vantaa, Finland
Address:Vantaanportinkatu 3
Owner:Unibail-Rodamco,
Kesko,
HOK-Elanto,
Elo Mutual Pension Insurance Company
Number Of Stores:119
Floors:3
Parking:4600

Jumbo- Flamingo shopping centre (Finnish: Kauppakeskus Jumbo- Flamingo), commonly referred to as simply Jumbo, is a shopping center in Vantaa, Finland. With its gross leasable area of, it is the second largest shopping and entertainment center in the Nordics.[1]

Jumbo was completed in October 1999. It currently employs approximately 1,500 people.[2] It has two hypermarket chains: Prisma (owned by S Group) and K-Citymarket (owned by Kesko).

History

Jumbo's foundation was laid before the recession of the 1990s due to the great demand that arose in the area for a shopping center. The construction companies Haka and Polar purchased the area and its surroundings from the consumers' co-operative Elanto and named the newly established development company Vantaanportti Oy. The company also purchased the neighboring residential areas and business park land. In October 1999, Jumbo was completed. In its first year, the shopping center attracted 6 million customers, with the number of customers rising since. An expansion was completed in 2005.

In 2008, the Flamingo entertainment center was built next to Jumbo. Prior to completion, it was referred to as "Jumbo Park", as it is connected to the shopping center and the two centers act in co-operation rather than competition. Together, the two are referred to in Finnish as Viihdekauppakeskus (entertainment shopping centre).

In 2019, Jumbo merged with the Flamingo entertainment center, making it the largest shopping and entertainment center in the Nordics, with a leasable area of .[3]

Notes and References

  1. Web site: Kauppakeskukset: Finnish Shopping Centers 2013 . 12 February 2013 . Kauppakeskusyhdistys . Finnish Council of Shopping Centers . 30 March 2015 . 18 January 2018 . https://web.archive.org/web/20180118211424/http://www.kauppakeskusyhdistys.fi/en/the-finnish-shopping-centers.html . dead .
  2. Web site: The History of Jumbo. Jumbo Shopping Centre . 30 March 2015.
  3. Web site: Vantaan Jumbo ja Flamingo yhdistyvät: tuloksena Pohjoismaiden suurin kauppa- ja viihdekeskus – vuokrattava pinta-ala 140 000 neliömetriä . Honkamaa. Antti. Tekniikkatalous. 27 June 2019 . fi. Vantaa's Jumbo and Flamingo merge: the result is the largest shopping and entertainment center in the Nordic countries - a leasable area of 140,000 square metres. 2 May 2020.