Western Romania: Țiriac Imobiliare gets permit for major mixed-use project in Timișoara
The City Hall of Timișoara, in western Romania, has approved the Zonal Urban Plan (PUZ) for the redevelopment of the former abattoir, paving the way for a large-scale transformation of the nearly five-hectare industrial site. The project,…
Irina Marica · Journalist
· Updated · 2 min read
The City Hall of Timișoara, in western Romania, has approved the Zonal Urban Plan (PUZ) for the redevelopment of the former abattoir, paving the way for a large-scale transformation of the nearly five-hectare industrial site. The project, led by Țiriac Imobiliare through its subsidiary Goldale Real Estate SRL, will preserve the historical buildings while repurposing the space into a modern district featuring three residential blocks, public squares, and green areas.
The redevelopment plan includes 17 buildings, comprising residential units, offices, commercial spaces, hotels, and services. The site will also feature approximately 1,600 parking spaces, both underground and at surface level.
