AFI Park Timișoara

AFI Park Timișoara, formerly known as City Business Center, is a business park from the AFI Europe portfolio consisting of five office buildings totaling 48,000 square meters of offices and commercial spaces located in the center of the western Romanian city of Timișoara.

History

The project was initiated in 2006 by Modatim Investment, a company owned by local entrepreneur Ovidiu Șandor, on the grounds of the former clothing factory. Construction began that September. In 2012, it was sold to the South African investment fund NEPI for 90 million euros, becoming the largest business park outside Bucharest at that time. Later, in 2020, the project entered the AFI Europe portfolio as part of a joint acquisition of four class A office projects in Bucharest and Timișoara, including City Business Center, worth 290 million euros.
The project is designed by architect Vlad Gaivoronschi and was awarded several international prizes, including European Union Prize for Contemporary Architecture and German Design Award.

Amenities and services

AFI Park Timișoara consists of five class A office buildings situated in the city center, covering a total of 48,000 square meters of office space. In addition to office and retail areas, the development includes 730 interconnected underground parking spaces, accessible via Coriolan Brediceanu Street, along with bicycle racks, showers, electric car charging stations, and storage facilities. Each building features an underground floor, a ground floor, and six upper floors, along with spacious lobbies and common areas. The ground floor of the office buildings houses retail amenities, including banks, a sky bar restaurant, and coffee shops.