The shopping center is part of the mixed-use Nová Karolina project located in the center of Ostrava, North Moravia. Construction on the shopping center was frozen before beginning in 2009 when a financing agreement fell through. The project is one of the largest urban developments in the country. Retail tenants to be located in the shopping center upon completion include Dutch supermarket chain Royal Ahold N.V., multiplex operator Palace Cinemas Czech, international clothing retailer C&A, sporting goods retailer Intersport International Corporation and UK-based retailer Marks & Spencer.