Gran Via Marina will have 1,200 apartments and be completed in 2023, following a EUR60 million investment in construction alone, without including the price of the land.
“The project was designed to be done in four phases. (…) we have completed the basement and are now working on the ground floor. The first phase, 192 homes or one apartment building, will be done in June 2020,” says Antoanela Comsa, CEO of the local subsidiary of Gran Via.
Gran Via Marina first started in 2008, but was shelved in 2009, after the onset of the financial crisis. The Spanish-held developer resumed construction work in the fall of 2018 and had to reapply for some permits because the project is now larger than initially designed. While plans included five buildings in 2008, the number has now gone up to nine.
(English version by Loredana Fratila-Cristescu)