The shopping center will have a rentable surface of 28,500 sqm and it is set for completion in 2012, according to data posted on the developer’s website.
Last year, GTC raised its stake in the project company to 85%, from 63.6%, and has recently bought the remaining shares.
Projects completed locally by GTC include the Galleria shopping centers in Suceava, Buzau and Piatra Neamt. It also developed several office projects and a residential compound in Bucharest.