Iulius Town Timisoara, the first mixed-use project in the west of Romania, will open on August 30
On the 30th of August 2019, IULIUS and Atterbury Europe will open the first phase of the Iulius Town Timisoara project (formerly known as Openville), the largest real estate investment in the region, adding up to more than 220 million Euro. This is the first mixed-use development in the west of Romania and the most important real estate project to open this year on the Romanian market.
Designed as a project with retail, entertainment and office uses that complete the current Iulius Mall, Iulius Town will be the primary business, shopping and entertainment destination in the west of Romania. Concurrently, Iulius Town will be the city within downtown Timisoara, an urban regeneration project designed to unite the community and bring together Timisoara locals, as well as people from the region and from neighboring areas, whether they work in the offices here or come here for shopping, sport or relaxation.
The first phase of development will include: 120,000 sqm of retail premises, new brands, a new concept of cinema, the largest health and fitness center in Romania, a variety of restaurants and cafés, a park, an events center, 100,000 sqm of class A office premises, a traffic underpass and 4,070 parking spaces.