Family Market Tomești, a project developed by IULIUS Company, has obtained the building permit, marking an essential step in the development of the new convenience retail concept dedicated to the local community. The 28 million Euro investment will include a leasable area upwards of 13,000 sqm, featuring a customized mix of facilities, services and diverse brands, more than 10,000 sqm of green spaces, leisure facilities and outdoor activities, approximately 450 parking spaces, as well as new pedestrian connections and access points following investments geared towards remodeling the infrastructure in the area. The estimated completion term for this project is the last quarter of 2026.
Developed as a modern concept, adapted to the everyday needs of families in the metropolitan area of Iași, Family Market Tomești is now stepping into a new implementation phase after obtaining the building permit.
The 28 million Euro investment will help revitalize the area by attracting a mix of tenants that is relevant for the community, creating green spaces, developing the infrastructure and a retail area that will address residents from both Tomești Commune and from neighboring towns.
The project will be anchored by Kaufland hypermarket, the sports area will feature a Stay Fit Gym location, and the tenant mix will be complemented by a Pepco store.
“Obtaining the building permit marks an important step for Family Market Tomești, which sets out to become a landmark for the eastern area of Iași City. The project will address a trade area comprising approximately 55,000 people, as estimated within a 10 minutes driving radius and including nearby towns, and it will support local economic development and create new jobs. We also believe that Family Market Tomești will become an attraction for residents from the Republic of Moldova, who frequently transit through this area when traveling to Iași. The construction works are already underway and the project is estimated to be completed in the last quarter of this year,” said Radu Pârlea, Family Market Shopping Center Manager.