IULIUS is launching a new investment in Cluj-Napoca

6 April 2022

IULIUS Group is launching a new project in Cluj-Napoca. The investment upwards of half a billion Euro focuses on the approximately 14 hectares Carbochim platform, set to become the largest urban reconversion project on the Romanian market.

The new project includes: the largest retail area in the country (115,000 sqm), a center dedicated to performing arts, conservation of two industrial heritage buildings and reintroduction thereof into the public circuit, a model of integrated approach to green spaces, connecting the urban garden spanning on 4-plus hectares with the adjacent parks, and a complete reconfiguration of the road and pedestrian infrastructure, a new bridge and a pedestrian walkway over Someș River, an eco-neighborhood integrated in a mixed-use project, bicycle and pedestrian infrastructure along the Someș River waterfront, consolidating a new business hub, the largest underground parking lot in the country, with 6,000-plus parking spaces.

“We want to give to the city a piece of itself by transforming the Carbochim platform into a space for the entire community. The urban reconversion investment will be a large-scale one, in line with the general urban development strategy of Cluj. This project is designed for the present, but also for the generations to come. It expresses our vision of gratitude for the past by continuing the industrial activity, while also creating the future via a sustainable and resilient project,” said Iulian Dascălu, President of IULIUS Company.

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