Openville, in the process of construction, will include the current Iulius Mall Timisoara. Its first phase includes 47,000 sqm of retail space, 50,000 sqm of operational office space (UBC 1, UBC 2, UBC 3) and 52,000 sqm under construction (UBC 0), a park, an underground passageway for cars and around 4,070 parking spaces.
After the two office buildings completed in 2017, the developer is working on other two office buildings, namely, UBC 3, which covers 19,000 sqm and is due for completion by the end of 2018, and UBC which will cover 52,000 sqm and will be the tallest office building in Romania (155 meters and 27 storeys). Construction works are expected to be completed in the last quarter of 2019.
The Openville Timisoara project is developed by the companies Iulius and Atterbury Europe and investments are estimated at over EUR220 million.