At the eastern entrance of Novi Sad, in Tekelijina Street near the DTD Canal, construction is underway on Delta Iron—a modern business complex set to enhance the city’s commercial landscape and promote sustainable development. The works are being carried out in phases by Radun Engineering from Bačka Palanka, based on a design by architect Ivana Letić from Delta Real Estate, with Srđan Derajić from Beging Studio serving as the lead structural engineer.
The complex follows the triangular shape of the plot, strategically positioned near major retail chains such as Emmezeta, Lidl, and Maxi. The first phase includes 12,203 m² of above-ground gross built area, with an additional 11,475 m² planned in the second phase. In total, the project will offer 40,000 m² of leasable commercial space.
Construction is progressing on schedule. The foundation has been completed using piles, a base slab has been laid, and geothermal probes have been installed around the building, forming part of the site’s sustainable heating and cooling system. Current works include the reinforced concrete structure, such as circular columns, central RC cores, and floor slabs above the ground level. Along the perimeter, precast concrete cantilever elements are being added to support solar panels, which will further improve the building's energy efficiency.
Delta Iron will consist of four wings, featuring three multifunctional atriums in its interior. Planned amenities include restaurants, cafés, a supermarket, pharmacy, gym, and other services, alongside 588 parking spaces for employees and visitors.
The complex will be equipped with 4,700 solar panels, expected to produce up to 60% of its energy needs. Combined with the geothermal system, the building is aiming for LEED Platinum certification, the highest international standard for green buildings.
Construction began in November 2024, with the first two phases expected to be completed by November 2026. In parallel, works are underway on the underground technical block, which will serve as the central hub for all major infrastructure and energy systems.
Delta Iron represents a new era of commercial real estate in Novi Sad—functional, modern, and sustainable.