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OPENVILLE TIMIȘOARA

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OPENVILLE TIMIȘOARA

The Openville ensemble is the largest mixed-use project in the west of Romania and it is developed by the IULIUS and Atterbury Europe companies.

Openville Timişoara, the largest business, retail and entertainment hub in the west of Romania, will be opened in the fourth quarter of next year, upon completion of the first phase of development.

The mixed-use project that integrates the current Iulius Mall Timişoara will comprise office, retail, park and entertainment uses.

 

The first phase of development that is due to open in Q4/2018 will include:

 

One of the main attractions in Openville will be the suspended park, the largest in the west of the country, spanning on 55,000 sqm. The park creates a genuine outdoor relaxation oasis, comprising playgrounds for children, a carrousel, artesian fountains, event plazas, over 1,000 trees and 20,000 shrubs.

 

Openville will define the highest level of shopping experience, completing the attractions offered by Iulius Mall Timişoara with numerous leisure options, a new mix of brands, more than 100 new stores, restaurants and themed cafés, a new concept of cinema and the largest playground for children.

 

The first phase also translates into the creation of 1,500 new parking spaces in a multilevel parking facility and in an underground parking facility. These will add to the existing parking spaces in Iulius Mall. Per total, the entire area will provide clients will 4,068 parking spaces.

 

The investment in Openville is estimated at over € 220 million, being the largest infusion of private capital in the real estate sector in the west of Romania.

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