Baneasa Shopping City opens EUR 19 mln Grand Cinema Digiplex in September
In April last year, real estate developer Baneasa Developments said it would expand the existing Baneasa commercial area north of Bucharest with three new facilities, which will require a total investment of EUR 22 million. A multiplex cinema, a family entertainment center and a gas station and car wash will be added, some 25,000 sqm in total, the developer announced at that time. The investment will be carried out in three phases. So far, the shopping center had a Drive-In Cinema, to cover the missing link in the entertainment mix.
The Baneasa commercial area, which includes Baneasa Shopping City mall, as well as big box stores, among which an IKEA unit, is part of a larger project. The Baneasa project also includes offices and housing, all on 221 hectares of land. The entire project was estimated to require an investment of EUR 1.8 billion and was inaugurated in 2008. Baneasa Development’s CEO is Ali Ergun Ergen.
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(photo source: Baneasa Shopping City)