The Pavăl Brothers Launch Major Development Project in Bacău
Dragoș and Adrian Pavăl, the founders of the Dedeman retail chain, have unveiled plans for a significant real estate development in Bacău. The new project will rise on a plot of around 70,000 square meters in the Șerbănești district and involves an estimated investment of EUR 10 million.
A central feature of the future Dedeman Campus complex will be a modern 10-storey hotel designed to serve both tourists and the business sector. In addition to the hotel, the development will include two office buildings, each eight stories high, incorporating commercial spaces on the ground floor. Residential components will feature four apartment blocks with 11 floors, complemented by a shopping center, recreational areas, green spaces, decorative fountains, and a seasonal ice rink. The complex will also offer facilities dedicated to health and sports activities, aiming to transform the urban landscape along the banks of the Bistrita River.
To realize this large-scale project, the Pavăl brothers plan to acquire additional plots of land in the surrounding area. Supporting this initiative, the Bacău City Hall, under the leadership of Mayor Lucian-Daniel Stanciu-Viziteu, has already put two plots of 1,000 square meters each up for auction at a starting price of EUR 103 per square meter, responding to growing investor interest in the region.