The project will be developed on the site of the former Tehnofrig platform. It will have more than 300 apartments, retail spaces, extensive green spaces, pedestrian bridges, bicycle lanes, playgrounds and essential community services, including a nursery, kindergarten and health facilities.
In 2023, Hexagon, held by Florin Maris, acquired a 7-hectare land plot representing the former Tehnofrig platform in Cluj-Napoca and announced an urban regeneration project of EUR300 million.
Libra Internet Bank was established in 1996 in Bucharest and is part of U.S. investment group Century Holdings (NCH).