Client enter

Casa Radio

Commercial projects

  • Investor: Plaza Centers
  • Country: Romania
  • Planning date/status: Planning and initial
  • Designers: Mixed-use retail and leisure plus residential/office scheme
  • Built area: 560000 m2
  • Number of parkings: 6100
  • Remarks:
  • Plaza holds a 75% stake in a company which has entered into a public-private partnership agreement with the Government of Romania to develop the approximately US$1 billion Casa Radio (Dambovica) scheme in Bucharest, the largest development plot available in the city centre. The Romanian Government will remain a 15% partner in the scheme as well as additional third party (10%).
  • The acquisition, which was described in the Company's IPO prospectus, is a further demonstration of Plaza's leading position in the CEE region.
  • The Casa Radio development sits on a 9.195 hectare (22.7 acre) site located in central Bucharest, incorporating a large area of the Bucharest city centre. Gara de Nord, the city's main railway station is nearby as well as the adjacent Eroilor Metro Station and a number of trolley bus services which serve the site.
  • The development of Casa Radio comprises approximately 360,000sqm, including:
    • A 132,000 sqm shopping mall and leisure centre (one of the largest in Europe)
    • residential area
    • hotel, casino
    • hypermarket
    • convention and conference hall.
    • Furthermore, two 135 metre tall towers of 53,000 sqm each, which once completed, will be among the tallest buildings in Bucharest.