The 70,000-sqm shopping center will host 200 stores and is scheduled for opening in 2016 following an investment worth EUR180 million.
The project was first announced more than five years ago by Caelum Development, which estimated the investment at about EUR500 million for an area of 110,000 square meters.
In 2008, Caelum Development and Sonae Sierra entered a partnership to develop the mall and the latter quit the deal to join it again in 2012.
Sonae Sierra owns 49 shopping centers and is present in 12 countries. In Romania, it alsoowns River Mall in Ramnuicu-Valcea.
Caelum Development is headquartered in Warsaw and its portfolio includes 36 projects in Europe.