Moldova Center is a mixed-use building located in the Civic Centre district of Iași, Romania. It was originally opened in 1970 under communist rule as a department store but eventually became a shopping centre and offices.
History Originally known as Magazin Universal Moldova, it was opened in 1970 as the largest department store in the Moldavia region (with an area of 8,500 square meters). It is located in the centre of Iasi, by the City Hall and St Nicholas' Cathedral. It would sell clothing and food in a standard communist shop. It was originally owned and run by Dănuț Prisecariu, however due to poor investments, he liquidated his companies and moved to Canada. In 2006, Magazin Universal Moldova was enlarged and renamed Moldova Mall. With gross leasable area (GLA), the complex had 80 stores, 3 cinema screens, and 14 fast-food and formal restaurants.About Moldova Mall
In 2011, it was sold to Georg Telemann alongside the nearby Vitansis shopping centre for a token €5, plus €20 million worth of loans. In 2014–2015, under Telemann's new ownership, the building was reconverted into a mixed-use property (with a total leasable area of over 16,900 square meters), with a compact shopping area covering the ground floor (supermarket, bank, confectionery and various services), and of class A offices on the floors 2 to 7. The renovation project cost €10 million. It was aimed to be constructed and run using environmentally friendly materials and renewable energy.
References
External links Moldova Center Website