PASADENA, Calif.--(BUSINESS WIRE)--Jacobs Engineering Group Inc. (NYSE:JEC) announced today that it was selected by IKEA Centers to perform project and construction management (PCM) services for a new shopping center in Roncadelle (Brescia), Italy.
The project consists of the construction of a two-level shopping center, fully integrated with the existing IKEA store. The Roncadelle Shopping Center is IKEA Center’s second development in Italy. With a gross built area (GBA) of over 88,000 square meters and an overall gross leasable area (GLA) of 55,000 square meters, it is on target to be the largest shopping complex in the Brescia region. Plans for the center include a hypermarket and 165 shops offering a wide and diverse range of family tailored goods.
The center is expected to be one of the first shopping centers in Italy to obtain low environmental impact certification, based on the BREEAM environmental assessment method and rating system.
Jacobs’ role on the project includes project control, procurement assistance, BREEAM Certification, building information modeling (BIM) coordination, safety coordination and pilotage services for the fit-out of the retail units.
In making the announcement, Jacobs Group Vice President Mark Bello stated, “We are delighted that IKEA Centers has selected us as a business partner for this strategic project. We are committed to continue our successful cooperation during the full duration of this project and beyond to help IKEA Centers create sustainable value for its customers.”
The new shopping center is scheduled to open in 2016.
Jacobs is one of the world’s largest and most diverse providers of technical professional and construction services.
Statements made in this release that are not based on historical fact are forward-looking statements. We base these forward-looking statements on management’s current estimates and expectations as well as currently available competitive, financial and economic data. Forward-looking statements, however, are inherently uncertain. There are a variety of factors that could cause business results to differ materially from our forward-looking statements. For a description of some of the factors which may occur that could cause actual results to differ from our forward-looking statements please refer to our 2014 Form 10-K, and in particular the discussions contained under Items 1 - Business, 1A - Risk Factors, 3 - Legal Proceedings, and 7 - Management's Discussion and Analysis of Financial Condition and Results of Operations. We do not undertake to update any forward-looking statements made herein.
