The MetroCity Academiei compound will have 230 apartments. The first block will have 12 storeys and 110 apartments and is due for completion by the end of 2015. The remaining housing units are due for completion at the middle of 2016. The project is financed by Garanti Bank, according to project consultants Coldwell Banker Affiliates of Romania.
The compound is developed on a land plot of nearly 7,000 square meters.
The development of the MetroCity Academiei concept took nearly two years and Coldwell Banker Affiliates of Romania was involved in all planning and pre-construction stages.
Company consultants expect to sell all housing units of the MetroCity Academiei compound by the end of 2016, on the backdrop of rising demand for new homes and improved lending conditions.
Construct Aprodex is owned by Turkish-born Romanian investor.