Banca Transilvania is supporting the development of the largest retail park in Transylvania, URBANO Shopping & Living, through financing of over 16 million euro. A project by URBANO Group, it will start transforming Florești (Cluj County) into a retail and entertainment hub next year.
With a total investment of over 100 million euro, URBANO Group will help develop the local community through accessibility, mobility and environmentally friendly solutions. Thanks to its location, URBANO Shopping & Living will serve a catchment area of over 150,000 people.
We support Romanian companies that invest in sustainable development, and URBANO Group is a case in point; we have had an excellent collaboration for over 15 years. We are pleased to have the opportunity once again—by supporting URBANO Shopping & Living—to contribute to the development of Cluj and the local community. Beyond its immediate impact on the community, a project like this has the potential to develop a genuine ecosystem around it, becoming a focal point for related real estate developments in subsequent stages.
Cosmin Călin
Senior Executive Director, Large Corporates, Structured Finance and Factoring
Banca Transilvania
With this investment in the new retail park, we aim to deliver a meaningful impact for residents in the western part of the Cluj Metropolitan Area. URBANO Shopping & Living will reflect our team’s vision and values: integrated, sustainable, community-focused developments. The financing provided by Banca Transilvania validates our investment principles and confirms the long-term partnership underpinning the project’s success.
Alexandru Șerban
co-founder
URBANO Group
URBANO Shopping & Living: impact on the community, the economy and the environment
URBANO Shopping & Living will bring retail and leisure attractions across 25 hectares: a DIY store, a cash&carry hypermarket, a supermarket, furniture and home décor stores, apparel and footwear, health and beauty, sports, electronics, toys, cafés, confectioneries, drive-thru restaurants, office space and event venues.
The largest retail park in Transylvania will generate over 500 jobs during construction and thereafter.
Beyond the economic and social impact, the park has a strong green component thanks to integrated, environmentally friendly solutions focused on the comfort of the local community, including over 5 hectares of green spaces, efficient energy management, renewable energy solutions, and charging stations for bicycles and electric cars.
