A new commercial epicenter emerges in Jilava
Cluj-based Studium Green, led by entrepreneur Dorin Bob, has finalized a landmark transaction, selling a 157,000 sqm land plot in Jilava, near Bucharest, for over €17 million. The buyers, retail giant Altex and furniture retailer Mömax (part of Austria’s XXXLutz group), are set to integrate this land into a sprawling 200,000 sqm development. This ambitious project is poised to become the largest retail park in southern Bucharest, strategically located just seven kilometres from the city centre on a vital north-south axis. This transformative development signals a significant shift in the region's commercial landscape, creating an attractive environment for businesses seeking prime office or warehouse space.
Unprecedented infrastructure & connectivity
For any business considering new premises, infrastructure is paramount. Studium Green has already proactively invested in crucial upgrades, constructing a new roundabout on DN5 from its own resources. This vital improvement, along with the development of a modern bus station and the complex diversion of 50 medium-voltage cables, significantly enhances traffic flow and accessibility in the area. Such robust infrastructure is a game-changer for logistics operations, ensuring efficient movement of goods, and for employees, guaranteeing a smoother commute. This level of investment in connectivity makes the Jilava area an increasingly viable option for industrial and commercial property needs.
Beyond retail: a holistic business environment
The vision for this retail park extends far beyond shopping. Dorin Bob emphasizes the creation of a sustainable retail hub equipped with modern technologies for energy generation and resource management. Crucially for businesses, the park will integrate a diverse range of facilities, including HoReCa, medical, educational, cultural, and entertainment services, including aquatic facilities. Such a comprehensive ecosystem not only attracts a vibrant community but also enhances the overall quality of life for employees. This makes the surrounding area highly appealing for businesses looking to establish offices or warehouses, providing a robust support system and a steady talent pool within a thriving commercial environment.
Future growth and strategic advantages for your business
Studium Green remains an integral part of this large-scale project, focusing on developing HoReCa facilities within the park. Furthermore, Dorin Bob owns an additional 23,000 sqm plot directly across from the future park, for which complementary facilities are currently being analysed. This signals potential for future commercial developments that could perfectly align with the needs of businesses seeking office or warehouse solutions in proximity to a major retail and lifestyle hub. The emergence of this dynamic hub in Jilava, Măgurele, and southern Bucharest offers unparalleled strategic advantages for businesses aiming to capitalize on a rapidly growing and well-connected commercial real estate market.
Source: property-forum.eu
