News Article AFI Europe Bucharest development residential Romania
by Property Forum | Residential

AFI Europe Romania broke ground this month on AFI City, the first large-scale residential project to be developed by the company in Romania. TGC was assigned as the general contractor for the first phase of the project.


The first phase of the construction commenced this June and it will deliver two buildings totaling 190 residential units, served by 228 above ground parking spaces. AFI City’s first construction phase is estimated to be completed in the summer of 2019. Once all phases will be completed, the residential project will feature a closed private community surrounded by green areas and sport facilities.
 
Situated in the North-West part of Bucharest, along the Bucurestii Noi Boulevard, in District 1, the project will include a mix of functional apartments, following an investment of approximately €16 million. The project is pre-certified by the Romanian Green Homes Association.