The funding of the project stands at EUR80 million and will take Iulius’ investment in the center of Iasi to more than EUR520 million.
The project will be implemented in stages and includes expansion of the retail area to more than 80.000 square meters, remodeling the existing spaces, introduction of new regional brands (fashion, sports, department stores) and flagship stores, rethinking the Luceafarul Theater esplanade as a green area and event space, new playgrounds, entertainment and leisure areas, expansion of the park, upgrading the event center (4 halls, 1,000 seats), additional underground parking lots and sustainable integration of the connection to the Palace of Culture.
(English version by Loredana Fratila-Cristescu)