This stage is already under construction and will consist of 16,500 square meters of offices for rent. Works started in spring and the first offices will be available in March 2018.
Mulberry Development is also in advanced negotiations with companies interested in the project, which are seeking to expand their business in Timisoara and companies looking to enter the local market.
The ISHO real estate development project has three stages and includes a residential component. The first stage is set to be delivered in the first part of next year.
The entire project is set to be completed by 2020 and will consist of new generation offices totaling over 50,000 sqm, 1,200 apartments, 2,000 parking spaces, one hectare of parks and green spaces, restaurants, terraces, after-school, a pier, sports facilities and stores.
Mulberry Development was founded by entrepreneur Ovidiu Sandor and is known for two large real estate projects in Timisoara and Cluj-Napoca.