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. Furthermore, Dr. Max will open a drugstore, Agroland will offer a diverse range of gardening and pet shop products, and Mado will open a restaurant here. The project will also integrate local entrepreneurs: Happy & Hop will launch a concept location for children, Kosarom will open a Fine Store type location, and Teo’s Café, Flower Boutique and the Atipic salon will also open locations here, alongside a Praxis medical testing laboratory and an Xpress convenience store. The list will also be complemented by other retailers and various facilities designed to provide an efficient and accessible shopping experience.
As with the other two Family Market projects in the IULIUS portfolio, this project will also entail the landscaping of green spaces spanning around 10,000 sqm, featuring mature trees, lawn and decorative plants, and also integrating leisure facilities and outdoor activities. Furthermore, the project will also create approximately 450 parking spaces, new pedestrian connections and access points following investments geared towards remodeling the infrastructure in the area.
“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.
Anyone can still use the online form available at www.family-market.ro to make suggestions about the services and facilities they want to access closer to home. Also, the entrepreneurs and producers requiring further information about the opportunities generated by Family Market Tomești can contact the development team via email at inchirieri@family-market.ro or via telephone at 0728 856 482 or 0232 208 812.
About Family Market
Two convenience retail projects have been developed under the Family Market concept in Iași County, both entailing a total investment upwards of 24 million Euro. The projects opened in 2022 include leasable retail areas spanning 5,400 sqm (Bucium) and 7,000 sqm (Miroslava), respectively, addressing trade areas with approximately 30,000-40,000 residents, and relying on the relevance of the shopping mix, accessibility, and time-saving facilities. The proposed mix includes a supermarket, the Sinsay fashion brand, dm markt drugstore, Dr. Max, McDonald’s Drive Thru (Family Market Bucium), Stay Fit Gym (Family Market Miroslava), and a series of local and national entrepreneurs and producers, selected in line with the expectations stated by the respective communities where the projects were developed.
The projects include green spaces with mature trees and decorative plants, which help reduce their carbon footprint. At the same time, the projects are easily accessible by walking, biking or driving by virtue of the mobility solutions implemented there, being fitted with parking spaces for vehicles and bicycles, as well as electric vehicle charging stations.
As of 2023, the two Family Market projects in Bucium and Miroslava are operated on a 50-50 joint venture basis by IULIUS and Romanian-American investment group W&E Assets.
PR Department
W: www.family-market.ro; www.iulius.ro
E: pr@iulius.ro
