Starting this December, the United Business Center 1 (UBC 1) class A office building within the Openville development will accommodate the Timişoara-based software research and development center of the Intel Company, one of the world’s largest technology companies.
The American company leased 2,400 sqm in the second office building developed by the IULIUS Company within the Openville Timişoara project, the largest mixed use development in the west of Romania. The UBC 1 building is located in the immediate vicinity of Iulius Mall Timisoara, comprises 12 levels and a 13,000 sqm leasable area, and is due to open this December. The semi-basement is designed for retail premises and for services, as the area will soon accommodate cafés and stores.
“We are honored by the partnership signed with Intel and we are thrilled that this prestigious company has chosen the Openville project for its center based in Timişoara. UBC caters for companies that wish to provide their employees with efficient working spaces and high comfort facilities, as well as with the satisfaction of having direct access to the facilities and services that they need. Our office buildings are the only ones in Timişoara that benefit from the proximity to dozens of useful everyday services available in Iulius Mall,” said Laurentiu Manea, Openville Office Buildings manager.
Intel has been in Timişoara since 2016, as of purchasing the Movidius Company, which also had a head office in this city. Intel’s Timişoara based Center specializes in software for computer vision and artificial intelligence applications. The new office premises will accommodate approximately 130 employees, and their manpower is due to grow up to 200 over the next three years.
“The new offices will enable the support for our company’s consolidation and recruitment plans in Timişoara. We have always focused on the comfort of our specialists and we wanted a modern and flexible space with numerous facilities that can encourage teamwork, innovation and performance. We chose the UBC 1 office building because in addition to meeting all our quality criteria, it is a part of an already operational project, designed to benefit employees,” said Valentin Muresan, country manager Intel Romania.
The building will benefit from LEED certification and from the implementation of sustainable operation policies geared towards enhancing the efficiency of utilities’ costs and the tenants’ comfort.
The people working in UBC 1 will save time owing to the direct access to numerous services: food court and restaurants for lunch breaks, fitness center, stores, multiplex cinema, kindergarten, medical practices, relaxation and socialization venues, and parking spaces. Moreover, by means of the Partner Card, the employees benefit exclusively from promotional offers going as high as 25 percent in over 100 venues in Iulius Mall.
The largest business, retail and entertainment hub in the west of Romania to open in Q4/2018
Openville Timisoara will be opened in Q4/2018, upon completion of the first phase of development. The project integrating the current Iulius Mall Timişoara will include office, retail, park, and entertainment uses.
The first phase of development will include 100,000 sqm of class A offices, 47,000 sqm of additional retail premises, a park spanning on 55,000 sqm, a traffic underpass and more than 1,500 new parking spaces fitted in a multilevel parking facility and in an underground parking lot.
Openville Timisoara will be the business hub of the region. Upon completion of the first phase, the office component will include a 50,000 sqm area in operation (in the UBC 1, UBC 2 and UBC 3 buildings) and another 50,000 sqm pending construction (in the UBC 0 building).
To this date, 18,000 sqm were completed (in the UBC 2 building), another 13,000 sqm will be delivered this December (in the UBC 1 building), and 19,000 sqm are pending construction and will be completed next year (in the UBC 3 building).
The Openville project is developed by the IULIUS and Atterbury Europe companies, adding up to an estimated investment upwards of € 220 million.