SPLIT, CROATIA-Croatian developer Tulipan is redeveloping a sitein Split into a mixed-use complex. The first $380 million phase ofSplit Gate will involve construction of a shopping center, 30-flooroffice tower and residential units.

The $215 million shopping center project will have GLA of some646,000 square feet, with 225 shops and a number of leisure andentertainment facilities. The concept for the shopping center isbeing prepared in partnership with Germny's ECE Projektmanagement.It will be the third mall in Split.

The start of construction is planned for the fourth quarter,with the opening expected at the end of 2012. Financepartners for the project will be German company Capricornus andDutch-based Eureal Holding. Design work on the other parts of theproject is already underway, with construction to begin shortlyafter the start of the shopping centre.

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