The total value of the project amounts to EUR12 million and it will be built by RCTI Company under a EUR7.5 million contract.

“The new phase of development in Greenfield comes with the challenge of integrating the retail component with the existing residential component,” said Sorin Apostol, CEO Impact Developer & Contractor.

“Our ambition is to develop a mini-town, planned responsibly and sustainably, which integrates all the functionalities required for a young community,” said Sorin Apostol.

The first three phases of Greenfield, with over 2,500 housing units, were delivered until 2019, and phases four and five should be developed by the end of 2028. the neighborhood is to reach over 7,000 housing units when complete. It currently has over 6,000 residents.