And they are still in negotiation with two other major players, plus several smaller outlets. I believe this will be the premium spot for people to shop in the country. No one will go shopping for home furnishings without visiting this Centre. We're creating an irresistible destination, putting romance and fun into it and making the shopping experience as enjoyable as it possibly can be. It comes down to convenience.
People are so busy today.
They want to drive up to the front door, know they will find what they need easily and in a very pleasant environment. And this is just the beginning. Phase Three involves an 180,000 square foot addition encompassing a 50,000 square foot electronics and appliance store, plus eight to 10 gallery stores. There will be a need to centralize warehouse and delivery service, so Phase Four will see the construction of 100,000 square feet of warehouse space. Phase Five, when complete, envisions 550,000 square feet of home-related outlets.