Romanian developer Urbano Group invests EUR 100 mln in large retail park near Cluj-Napoca

Cluj-based real estate developer Urbano Group announced plans for a new retail park in a project valued at EUR 100 million. The company says it will be the largest retail park in Transylvania.

Until now, the developer has obtained the necessary building permits to begin work on Phase 1 of the park, which was named Urbano Shopping & Living. Specifically, construction permits have been obtained for the Shopping Gallery and for the urban infrastructure elements, namely access roads, internal roads, and utility networks.