New Commercial Opportunities Emerging Near AFI Cotroceni

 

Businesses looking for prime locations in Bucharest will be interested in the latest development news: AFI Europe has secured local approval for a large-scale mixed-use project situated in the highly sought-after area behind the AFI Cotroceni mall. This substantial development, spanning approximately 5 hectares, is planned to integrate various functions, creating a vibrant urban hub.

 

Project Components and Scale

 

The project is designed to offer a diverse mix of uses, featuring residential units, multiple office buildings, and dedicated retail spaces. The developer, AFI Europe, which acquired the necessary land parcels including a former bank branch and previous holdings from Broadhurst Investments, aims to capitalize on the area's potential by creating a comprehensive environment suitable for living, working, and leisure.

 

Strategic Location Benefits for Businesses

 

The site's location directly behind AFI Cotroceni provides unparalleled access to one of Bucharest's busiest retail and entertainment centers. This offers significant advantages for future office tenants and retail operators:

- High Foot Traffic: Proximity to a major mall ensures a constant flow of potential customers for retail businesses.

- Excellent Accessibility: The area benefits from strong public transport connections and road infrastructure.

- Integrated Amenities: Office workers will have direct access to a wide range of shops, restaurants, services, and entertainment options at the mall.

- Modern Workspace: The planned office component will offer contemporary facilities designed to meet the needs of modern businesses.

 

The development is planned in phases, with the residential section intended for rental units being constructed first. The office and retail components are slated to follow upon the approval of a specific Zonal Urban Plan (PUZ).

 

This project represents a significant addition to Bucharest's commercial real estate landscape, promising new opportunities for businesses seeking a dynamic and well-connected location.

Source: profit.ro