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HomeReal Estate NewsEmonika Mixed-Use Project to Become the New City Center of Ljubljana

Emonika Mixed-Use Project to Become the New City Center of Ljubljana

A huge mixed-use project worth 500 million EUR will be developed in Ljubljana, which will consist of a shopping center, hotel, offices, and apartments, as well as a redevelopment project of the city’s train and bus station.

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Emonika project is owned and managed by Mendota Invest d.o.o a 100% subsidiary of OTP Real Estate Investment Fund. They are in the process of obtaining permits, which are expected to be finalized in Q1 2023, while the whole project is planned to be completed by Q3 2025.

A New Center within the City Center

Emonika is located in the heart of Ljubljana city center, at the prime city intersections of Dunajska cesta, Vilharjeva cesta and Masarykova cesta.

It is positioned right next to Ljubljana’s main central station and bus terminals, which are currently being reconstructed by the Ministry of Infrastructure.

Due to its excellent location, only a short walk from the old town’s tourist attractions, Emonika will cater to both local communities as well as domestic and international visitors.

Work, Live, Stay & Play

Emonika project will consist of:

A Class Offices

Emonika north will provide more than 19,500 m2 of modern and flexible office space. This includes the provision for the stand-alone HQ building or a multi-let offering.

Emonika south will provide an office tower that will stand 20 floors high and will be Ljubljana’s tallest building. It will offer more than 10,000 m2 of modern flexible office space with beautiful panoramic views.

Both north and south offices will cater to a variety of workspace environments and will meet all the latest trends and demands of city business, supporting large corporates as well as SME’s and incubator start-ups.

Appartments

Emonika Residence will consist of over 205 highly anticipated lifestyle apartments, penthouses, and roof-top gardens with fantastic views.

The spacious apartments will be of a premium specification with a distinctive interior design, made for flexible living. The apartments will have their own dedicated and secured basement car parking together with individual storage spaces.

Shopping Center

The shopping center will consist of approximately 24,500 m2 and will house over 80 retail units.  Its tenant mix will offer a rich mix of local and international brands, as well as a wide offer of gastronomy units and leisure facilities.

Hotel

Emonika Urban Resort Hotel will have 153 rooms, a roof garden, a fine dining restaurant, and a conference room. The hotel will be a destination of preference for both business and leisure tourists visiting Ljubljana.

Sustainability

Emonika is the first mixed-use sustainable project in Ljubljana to be certified ‘Excellent’ under BREEAM. The BREEAM certification significantly demonstrates its green and environmental credentials, which also include a social and economic sustainability performance.

About the Developer

OTP Real Estate Fund is an experienced CEE developer, manager, and owner of real estate. It was founded in 2002 and currently owns more than 520,000m2 commercial real estate together with additional residential developments and landbank.

OTP Group is a leading financial service provider with more than 16 million private and corporate clients, 40,000 employees, and nearly 1,700 branches across the CEE region. OTP Bank Plc. is listed on the Budapest Stock Exchange.

Operations of the fund manager and of the fund are regulated by the National Bank of Hungary.

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