The developer said the authorization process was under way and works would start in spring this year and are scheduled for completion in the last quarter of the year.
Family Market will be a small-size retail format that will include a supermarket and a mix of services and locations for local producers: butcher shop, fast-food, bakery, grocery, confectionery, coffee shop, wine shop, spice&deli, telecom services, pharmacy, hair salon, barber shop, pet-shop, medical services, travel agency, flower shop, etc. The projects include parks and recreation areas.
The developer will invest EUR7 million in the Family Market in Miroslava, with a lettable retail area of 7,700 square meters, and EUR9 million for the one in Iasi.
The project in Iasi will be integrated in a residential development of 774 apartments to be developed in stages by 2024.