In the middle of the city, under the coat of arms of the Palace of Culture, IULIUS has developed Palas Iași, a premiering project designed to pay homage to the iconic building and as an economic and social boost for the entire region. Palas Iași is the first mixed-use project developed in Romania and it has added the western valences of the lifestyle concept to the development of a region with major, yet insufficiently capitalized potential.

 

Palas Iași, opened in 2012, is synonymous with a cosmopolitan lifestyle. This is the place where time takes on a different dimension, as it integrates everything that is required in the everyday life. An effervescent space, with an abundance of experiences that bring people together, where you come to the office and find your inspiration while enjoying a cup of coffee in the park, where you have access to international brands, as well as to cultural events.

 

The investment committed to the Palas Iași project currently adds up to more than 320 million Euro. The development continued via Palas Campus, a mixed-use project in itself in the nearby Af. Andrei area, transforming an underdeveloped area in downtown Iași into a hub of innovation and creativity.

 

About Palas Iași:

 

• Palas Mall & Palas Shopping Street * more than 63,000 sqm * 270 stores

• food court, 20 restaurants, international cuisine

• 4 event halls

park * Venetian carousel * lake * kiosk * archeological vestiges of the household of the Royal Court * event squares * skating rink

• 7 class A office buildings * 75,600 sqm * 60 companies * 9,000 employees

• outdoor amphitheater * 460 seats

• underground parking lot in Romania * more than 2,500 parking places

• TripAdvisor® “Certificate of Excellence”

• Guinness World Records® certified world record for “Most Sky Lanterns Flown Simultaneously” – 12,740 sky lanterns flown simultaneously, on the occasion of the grand opening in June 2012

• Guinness World Records® certified world record for “Largest Gathering of People Dressed as Santa’s Elves” – 1,073 persons dressed as Santa’s elves, December 2013

 

 

About Palas Campus

 

The office building is located in the Sf. Andrei area and enhances a part of the city which, although central, has not benefited from significant investments to this date.

 

• the largest office building in Romania

• 120 million Euro investment

• 54,000 sqm of class A office spaces

• 6,000 sqm dedicated to restaurants and services

• 13 multinational companies * 5,000 specialists in IT & automotive

• office building undergoing a double green certification process: EDGE and LEED

• more than 200 trees planted and 7,000 shrubs

• 650 meters of bicycle lanes

• circa 500 bicycle parking spaces and 6 changing rooms fitted with showers

• 16 charging stations for electric vehicles

• investments committed to modernizing the infrastructure and connectivity * a new arterial road and widening five adjacent streets * public transit station

• underground parking lot * 625 parking places

 

The business hub developed by IULIUS in downtown Iași now reaches 130,000 sqm of premium office space comprised in 8 buildings that accommodate 70-plus companies and 14,000 employees.