Developer Prime Kapital has withdrawn from the giant project it planned to build in Cluj-Napoca, on the land of the former Sanex factory. The 18-hectare land of the former Sanex factory has been fully re-acquired by the Austrian group Lasselsberger, which is preparing to resume urban planning procedures.
Prime Kapital was planning to build a giant project, worth 330 million euros, with a 130,000-square-meter shopping center, as well as 12-story apartment blocks and office buildings.
City Hall officials and those from Urban Planning expressed dissatisfaction with the way the developers understood the requirements formulated at the last meeting, as well as Prime Kapital’s new offer regarding public facilities for the city.
Source: economica.net