Coordinates: 47°09′37″N 27°35′15″E / 47.160259°N 27.587549°E / 47.160259; 27.587549

Moldova Center

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Moldova Center
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Former namesMagazin Universal Moldova
Moldova Mall
General information
StatusCompleted
TypeMixed use
Location1 Palat Street, Iași, Romania
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Completed1970
Renovated2006 and 2015
Technical details
Floor count7
Floor area17,000 m2 (180,000 sq ft)

Moldova Center is a mixed-use building located in the Civic Centre district of Iași, Romania. It was originally opened in 1970 under communist rule as a department store but eventually became a shopping centre and offices.[1]

History

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Originally known as Magazin Universal Moldova, it was opened in 1970 as the largest department store in the Moldavia region (with an area of 8,500 square meters).[2] It is located in the centre of Iasi, by the City Hall and St Nicholas' Cathedral.[3] It would sell clothing and food in a standard communist shop.[4] It was originally owned and run by Dănuț Prisecariu, however due to poor investments, he liquidated his companies and moved to Canada.[5] In 2006, Magazin Universal Moldova was enlarged and renamed Moldova Mall. With 9,561 m2 (102,910 sq ft) gross leasable area (GLA), the complex had 80 stores, 3 cinema screens, and 14 fast-food and formal restaurants.[6]

In 2011, it was sold to Georg Telemann alongside the nearby Vitansis shopping centre for a token €5, plus €20 million worth of loans.[7] In 2014–2015, under Telemann's new ownership, the building was reconverted into a mixed-use property (with a total leasable area of over 16,900 square meters), with a compact shopping area covering the ground floor (supermarket, bank, confectionery and various services), and 14,600 square metres (157,153 sq ft) of class A offices on the floors 2 to 7.[8][9] The renovation project cost €10 million.[1] It was aimed to be constructed and run using environmentally friendly materials and renewable energy.[3]

References

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  6. ^ About Moldova Mall Archived 2011-07-10 at the Wayback Machine
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