Developed in the heart of Timisoara, Park Plaza will become one of the most luxurious property development in Western Romania. Four buildings, including a 27-storey and an international hotel with 200 rooms and sky restaurant on the rooftop.
The apartment buildings will be between 13 – 19 storey high and will include 3000 sqm of commercial spaces, underground parking, private green park and an entire high-end community.
Estimated date of project beginning: spring 2024.
Project phase
450
Four high-rise buildings in the heart of Timisoara, including an international hotel and more than 850 parking places underground, right next to Iulius Town shopping center.
Our project will create more opportunities for business and real estate investments. Designed to be one of the most significant investments in the center of Timisoara, Park Plaza will become the center for a lifestyle at high standards.
Arial view of the building site
View to Iulius Town shopping center
Render with towers from Park Plaza
As the second largest renewable energy company in Europe, Fri-EL is quite diversified: as well as having a leading position in the field of wind energy in Italy, the FRI-EL Group is also one of the most important players in the field of biogas production from agricultural products at national level.
The Group also operates 21 hydroelectric power plants, a solid biomass power plant, as well as one of the largest liquid biomass power plants in Europe.
In present, the company operates all over Europe, ensuring not only a green powered future, but also quality services through its subsidiary companies. Together with our partners and employees, we want to experience and shape a new future.
A future in which economic efficiency, sustainability, environmental friendliness as well as social responsibility are not contradictory but complementary in a lived philosophy.