The project ZF estimates at several hundred milion euros is the largest carried out by a single investor by far.
Tiriac Holdings plans to develop a mixed-use project on the 70,000 square meter plot on Bd. Expozitiei, set to include homes, office, retail and services space, among which a hotel, and car showrooms and related activities. Moreover, the plot will also accommodate one of the exits of the subway station in the area, so the office buildings will be possible to connect to it directly. The plan already shows the Parcului Street as turned into a four-lane street from the two-lane it is now.
The future project is the only one that comes with office space and a residential component, as well as a hotel and car dealerships. The plot in the Expozitiei area already accommodates two Tiriac Auto dealerships – a Mercedes-Benz and a Hyundai one.
To be able to handle traffic and demand for parking spots, all the buildings in the project will have at least two underground parking levels and the 20-story tower will have four underground parking levels.
(English version by Loredana Fratila-Cristescu)