Iulius Town Timișoara

Iulius Town Timișoara (until 2019 Openville Timișoara)[1] is the name of a mixed-use development, edge city and shopping mall located in Timișoara, Romania. Owned by the Iulius Group–Atterbury Europe consortium, the project was conceived from the beginning to integrate Iulius Mall, now completed with office, retail and entertainment functions. The mixed project includes, in addition to the shopping area, a park, event rooms, offices, a health center, a cinema and over 4,000 parking spaces.[1] Over 442 million euros were invested in the first phase of the project, partially inaugurated in August 2019, being one of the largest infusions of private capital in the real estate sector ever made in Romania.[2] The estimated annual traffic for Iulius Town is over 20 million visitors.[2]

Iulius Town Timișoara
Iulius Town Timișoara logo
LocationTimișoara, Romania
Coordinates45.7664°N 21.2281°E / 45.7664; 21.2281
Address2 Council of Europe Square
Opening date20 October 2005
Previous namesOpenville Timișoara (2015–2019)
OwnerIulius Group–Atterbury Europe
No. of stores and services450
Total retail floor area120,000 m2 (1,300,000 sq ft)
No. of floors5
Parking4,070
Websiteiuliustown.ro

Iulius Mall
Interior of Iulius Mall
Main entrance of Iulius Mall

Iulius Mall Timișoara, the second mall within the Iulius national network, was inaugurated on 20 October 2005, following an initial investment of 45 million euros.[3] It was developed on a site that hosted antennas mounted in the 1940s and that remained undervalued in the early 2000s.[4] Iulius Group was founded in 1991 by Iulian Dascălu, and the company currently owns three other malls in Iași, Suceava and Cluj-Napoca. At the time of its inauguration, Iulius Mall Timișoara was the first mall in western Romania.

In 2005, Iulius Mall Timișoara had a gross leasable area of 31,000 m2, which was then expanded to 73,000 m2 in 2009 and over 120,000 m2 in 2019.[4] The mall has: 4,070 parking spaces, 450 stores, including a 11,500-square-meter Auchan hypermarket, a 12-screen Cinema City cinema, a 2,500-seat food court, full-service restaurants, bars and cafés, a semi-Olympic swimming pool and largest fitness club in Romania (over 3,400 m2), a climbing wall and ice rink (during the winter season), a bowling and billiard hall, a casino, indoor playgrounds and play areas, banks, police offices (vehicle registration and passport services) and a post office.

After the extensions, it is the largest mall outside Bucharest and the third largest in Romania, after AFI Cotroceni and Băneasa Shopping City.[5]

Iulius Gardens

Iulius Gardens have an area of 5.5 ha, being the largest suspended park in Romania. The park involved an investment of 8.7 million euros and was carried out by a team of specialists from Italy, Germany and Romania.[6] Arranged above the underground car park in the complex, the green space integrates 10,000 shrubs and 1,400 large trees.[6] Iulius Gardens also include an 800-square-meter lake, a multi-storey Venetian carousel for children, a gazebo, promenades and plazas for outdoor events and fairs.

United Business Center
UBC 3 under construction in October 2018
UBC 1 completed in July 2018

Iulius Town includes in the first stage of development over 100,000 m2 of Class A office space in four buildings, employing about 13,000 people.[6] The first three buildings are operational, with tenants including multinational IT, automotive and customer support companies. The fourth office building, under construction, will be the tallest building in Romania. United Business Center 0 will include 52,000 m2 of office space, a 3,000-square-meter medical hub, restaurants, shops and a conference center.[7]

The fourth office building in the Iulius Town Timișoara complex is operational and consolidates the regional business pole from the mixed-use urban regeneration project with a total leasable area of 80,000 m2 and a community of over 40 multinational companies from three continents . United Business Center 0 has a leasable area of over 30,000m2, occupied by the offices of 15 companies in the fields of IT & Outsourcing, automotive and services.[8]

Current status of construction
Completed Topped out Under construction On hold Presumably
NameStartedCompletedHeightFloorsGross leasable areaNotes
United Business Center 02017[9]2022 (phase I)[10]
Unknown (phase II)[lower-alpha 1]		90 m (phase I)
155 m (phase II)[11]		27[11]32,000 m2 (phase I)
52,000 m2 (phase II)		Once completed, it will become the tallest building in Romania.[12]
United Business Center 120162017[13]52 m[14]12[14]13,000 m2
United Business Center 22017[13]54 m[15]12[15]18,000 m2It is the first office building put into use in the Iulius Town Timișoara.
United Business Center 32017[13]2019[16]68 m[17]15[17]19,000 m2
United Business Center 460 m[18]10[18]
United Business Center 560 m[18]10[18]

Notes
  1. Building was planned to become the tallest building in Romania but the project was rescheduled and building was temporarily lowered in height due to the COVID-19 pandemic impact on the office market.

See also

References
Wikimedia Commons has media related to Iulius Town Timișoara.
  1. Roșu, Roxana (15 May 2019). "Openville Timișoara, proiect imobiliar de 220 mil. euro, este rebranduit sub numele Iulius Town și va fi cea mai mare zonă de retail din vestul României". Ziarul Financiar.
  2. "Iulius Town Timișoara a fost inaugurat, valoarea investiției totale ridicându-se la 442 de milioane de euro". Forbes România. 30 August 2019.
  3. "Extinderea Iulius Mall Timișoara, o investiție de 60 mil. euro, gata în noiembrie". Wall-Street.ro. 20 October 2009.
  4. "15 ani de IULIUS în Timișoara – o zonă industrială transformată în lifestyle center". Mediafax. 28 October 2020.
  5. Mareș, Cătălina (7 May 2021). "Unde se află, de fapt, cel mai mare mall din România și ce suprafață are". Money.ro.
  6. "S-a deschis Iulius Town în Timișoara, un proiect mixt în valoare de 442 de milioane de euro". Economica.net. 30 August 2019.
  7. Drăgan, Aurel (30 August 2019). "Iulius Town opens in Timișoara after EUR 327 million investment". Business Review.
  8. Popescu, Marius (October 4, 2022). "A fost inaugurată cea de-a patra clădire de birouri din Iulius Town Timișoara". pressalert.ro (in Romanian). Retrieved February 13, 2023.
  9. David, Mihai (4 May 2020). "Cea mai înaltă clădire de birouri din România. Cum s-a înălțat construcția de la începutul pandemiei de coronavirus". Adevărul.
  10. Both, Ștefan (4 October 2022). "A patra clădire cu pereți de sticlă de la Iulius Town a fost inaugurată. Consum de apă redus cu 40%". Adevărul.
  11. "United Business Center 0". CTBUH.
  12. Vasiliu, Alina-Elena (27 October 2020). "Schimbare de strategie: Grupul Iulius inaugurează cea mai înaltă clădire de birouri din România cu doar 15 etaje în 2021 și o va înălța mai departe până la 27 de etaje abia în 2022". Ziarul Financiar.
  13. Stanciu, Marius Alexandru (4 December 2017). "Iulius a inaugurat o nouă clădire de spații de birouri în Openville Timișoara, a doua în decursul acestui an". Wall-Street.ro.
  14. "United Business Center 1". CTBUH.
  15. "United Business Center 2". CTBUH.
  16. Dichis, Bianca (2 July 2020). "United Business Center 3 din ansamblul Iulius Town Timișoara, singura clădire office certificată LEED Platinum din afara Capitalei". Opinia Timișoarei.
  17. "United Business Center 3". CTBUH.
  18. "Hotărârea nr. 293/2015". Timișoara HCL.
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