The phase being inaugurated on Friday has 120,000 square meters of retail space, including Iulius Mall, in 450 stores, a fitness center, event halls, and 100,000 square meters of office space, as well as 41,000 square meters of green areas.
Iulius Town actually uses the model Iulian Dascalu implemented in Iasi in the Palas complex at first, which is a mix of office space, mall and park that turned into an attraction for the people in Moldavia. The Timisoara complex will include new phases, and the next bet for Iulian Dascalu will be to enter Bucharest.
Iulius Town’s first phase includes three office buildings largely rented by multinationals in the IT and automotive sectors. A fourth building should be completed next year, which will also be the tallest building in Romania (155 meters and 27 stories).
(English version by Loredana fratila-Cristescu)