Prisma Secures Land Allocation for Retail Project in Kalix

May 6: Prisma Properties AB has secured a land allocation in Kalix after winning a municipal competition, marking a step forward in its retail expansion strategy. The company has entered into a land allocation agreement granting exclusive development rights for a defined period.

Project Site Details

The allocation relates to a site identified as Kalix 9:170, located in the Nasvyangarna area. According to the approved zoning plan, the land can support up to 10,000 sq m of retail and town centre-related uses, allowing for a mix of commercial activities.

Competitive Selection Process

The company secured the allocation after winning a competition organised by the Municipality of Kalix, indicating its proposal met the local authority's development and planning criteria. As part of the agreement, Prisma has been granted exclusive rights to develop the project for a specified period, giving it control over planning and execution during this phase.

Strategic Expansion

Prisma Properties has been actively expanding its retail footprint across Nordic regions, focusing on accessible retail parks and community-centric developments. The Kalix project fits into this broader strategy of developing mid-sized retail hubs in growing towns. While financial details and timelines have not been disclosed, the allocation provides a clear pathway for Prisma to proceed with detailed planning and future development activities at the site.