Impact Developer & Contractor enters the residential market in Iași, with the Greenfield project
The developer Impact Developer & Contractor enters the real estate market in Iași, by purchasing a land of 19,068 square meters. The transaction marks a major step in the strategy of implementing Greenfield and LUXURIA housing standards in large cities in the country.
The purchased land is located in Copou, an area known as one of the most sought after residential areas in Iasi and also an important historical part of the city, very well connected to the main points of interest of Iasi. On the surface of the land, the developer will replicate the model of the successful Greenfield residential complex in Bucharest. Thus, the project will be a sustainable one, included in the category of green buildings, with BREEAM certification and will include low-rise blocks of flats, ample green spaces, services that allow living at modern standards.
Like the Greenfield project in Bucharest, the ensemble that Impact will develop in the Copou area of Iași will host a new residential community with unique living experience, in harmony with nature, complemented by the proximity of tourist attractions and relaxation areas such as the Botanical Garden and Copou Park.
The transaction comes after, this year, the developer started the works at the Boreal Plus neighborhood in Constanța, as part of the expansion strategy in the big cities in the country.
„An important part of the strategy of the Impact Developer & Contractor group consists in expanding and promoting the Greenfield and Luxuria Residence living standards, both in Bucharest and in the big cities in the country. We are delighted to enter the residential real estate market in Iasi by purchasing a plot of land in one of the best areas of the city, where we will implement one of our successful projects! This acquisition is a first step of expansion in Iași, and in the coming years we will expand and consolidate our presence in Iasi”, said Sorin Apostol, CEO of Impact Developer & Contractor.
This year, Impact Developer & Contractor continued its construction and sales activities in the main projects in Bucharest and in the country. Greenfield Residence is preparing the development of the largest community center in a residential complex, which will complete the range of facilities offered to residents. On the premium segment, as a whole Luxuria Residence, a project that has BREEAM Excellent certification, the first phase was handed over (232 apartments), the reception for the second phase (268 apartments) was carried out and the works are continued in the third phase (130 apartments). In Constanța, work has begun on Boreal Plus which will include 18 villas and a total of 673 apartments and where a new Kaufland store will be developed in the immediate vicinity.
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