Heraklion opens new shopping park: boosting the local economy and retail opportunities.
New Retail Complex in Heraklion
The new retail park in Heraklion, developed by Trade Estates, is set to open by the end of April 2025.
This complex is split into three ground-floor stores, all facing south. Below, there are underground spaces for storage, mechanical systems, offices for staff, and service areas.
The ground floor stretches over roughly 7,886 square metres. The basement adds another 6,685 square metres or so.
That brings the total building footprint to about 7,888 square metres, with the constructed area hitting 14,000 square metres in all. Leasable space? Around 10,600 square metres—plenty of room for shops and customers alike.
Inside, you’ll find areas for product displays, sales, and spots to grab a bite or take a break. There are dining facilities, toilets, and administrative offices, too.
Outside, especially on the southern side, there’s a big chunk of parking space for visitors. No one likes circling for a spot, right?
Trade Estates wants to boost retail options in Heraklion with this park, bringing in new shops and giving the local economy a bit of a lift.
The project fits into a bigger plan focused on retail and supporting logistics, which are both pretty important for the area’s growing consumer needs.
IKEA’s Entry to the Heraklion Market
Come 2025, the first IKEA store in Crete will open its doors inside this Heraklion retail park. It’s a pretty big deal for the city and should draw a lot of attention.
This IKEA is part of Trade Estates’ broader development and is expected to shake up the local shopping scene. It’ll probably be a magnet for foot traffic, which could only help the other businesses nearby.
The arrival of IKEA lines up with the positive investment mood in Heraklion lately. There’s a sense that the city’s retail market is on the upswing, and this move just adds to that vibe.
With IKEA as a major anchor tenant, the park will likely pull in customers from all over Crete and fuel the region’s commercial growth.
Maybe this even hints at more large-scale retail projects coming to Heraklion in the future. Who knows?
Frequently Asked Questions
What are the operating hours of the new shopping centre in Heraklion?
The new shopping centre usually opens at 10:00 AM and closes around 9:00 PM from Monday to Saturday.
Sundays might have shorter hours, or just be open on special retail days—depends on the shop.
Which shops and brands are available at the Heraklion commercial park?
You’ll find a mix of international brands and local businesses at the park. IKEA is the big name, but there are also dining spots and specialty shops to check out.
Are employment opportunities open at the IKEA store in Heraklion?
Yes, IKEA’s hiring for all sorts of roles—from sales and customer service to warehouse gigs. If you’re interested, keep an eye on the official IKEA careers page or drop by the store for info.
When will the IKEA store in Heraklion be officially opened?
The IKEA store’s grand opening is planned for late April, with some launch events happening around that time.
How do customers use the order and collection service at the Heraklion IKEA?
You can order online through IKEA’s website and pick up your stuff at the collection centre on site. It’s meant to make things easier and cut down on waiting in-store.
What effect does the new commercial park have on Heraklion’s local economy?
The opening of the commercial park has created new jobs and drawn in more visitors. That’s already giving trade and investment in the area a noticeable boost.
It’s not just the big players benefiting, either. Smaller local companies are getting a slice of the action, which, honestly, feels like real economic growth in motion.