The new compound comprises 551 apartments in 7 blocks in the first phase.
Upon completion, the project will have a total built area of 486,000 square meters, 2,200 apartments, an IT campus and almost 28,000 green spaces and parks.
Total investment is put at EUR1 billion. The developer aims for the first apartments to be delivered in 2027.
InteRo Property Development, established by the Topolinski Family (father- Michael and his three children – Michael, Tyler and Ashton), has been operating in Romania for over 15 years.
InteRo Property Development’s portfolio includes projects such as NorthLight Residence located in north-eastern Bucharest, New Confort City, SkyLight Residence in the Obor area and the Bucurestii Noi project that will comprise seven office buildings covering a total 197,000 sqm (93,000 sqm to be developed by Skanska Property Romania and the remainder by InteRo Property Development).
(English version by Catalina Apostoiu)