China Travel Service (CTS) is set to lease vacant restaurant spaces and shops at lakeside leisure hub Anim’Arte Nam Van, after winning a public tender, Hoje Macau reports.
CTS will pay 200,000 patacas each month over the next five years – 12 million in total – for the 3,000 square-metre space.
At present, only two of the 12 available premises at Anim’Arte Nam Van are reportedly occupied.
[See more: More details about Avenida de Almeida Ribeiro’s revitalisation have been made public]
The rules of the tender state that at least three of the spaces must operate as family-friendly arts education services, while one is required to be run as an arts and culture bookstore selling Macao-themed creative products.
According to media reports, the successful bidder also had to present a comprehensive revitalisation plan for Anim’Arte Nam Van that included tree plantings
Subleases require authorisation from the Culture Development Fund, which administered the tender.
