Spanning a massive 180,000 square meters, the project converts a former industrial zone that had been abandoned for over 30 years into a sustainable residential community
The project is located in Bucharest’s Sector 3, near Hala Laminor and 750 meters from the Republica metro station.
The decision comes after the first phase of the project was 98% sold out, a pace that confirms buyers’ appetite for the eastern area of Bucharest, which was long bypassed by major residential developments.
“The results of the first phase confirm the interest in the project and, above all, for the type of development we are proposing at HILS Republica. We go beyond the construction of apartments and transform a former industrial platform into a community connected to the city and designed for everyday life. Phase 2 represents the next step in the development of this mixed-use project and continues our vision of long-term urban regeneration,” said Ionuț Negoițta, founder and CEO of HILS Development.
The second phase will be developed on an area of 6,924 square meters and will comprise two buildings with a height structure of 2B + GF + 11F and a duplex level, with a total of 358 apartments. The residential mix includes 44 studios, 92 double studios, 118 two-room apartments, 40 two-room apartments with an office, 44 three-room apartments, and 20 three- and four-room duplexes. The housing units will feature underfloor heating and floor-to-ceiling windows.
Out of the total area of the second phase, 2,791 sqm will be dedicated to green spaces, while the area between the two buildings will be organized as an exclusively pedestrian zone, with no car access, featuring a children’s playground and relaxation areas. The concept aims to separate pedestrian and vehicular traffic and create a shared space that encourages community life.
The entire HILS Republica project covers an area of approximately 180,000 sqm and is the largest urban regeneration project in eastern Bucharest, designed on the principles of the “15-minute city”: housing, commercial spaces, green and relaxation areas, as well as sports facilities, connected to public transport.
Currently, the HILS Development portfolio includes seven residential projects developed in the eastern and northern parts of capital city Bucharest.