Impact Developer & Contractor starts new project in Constanța

21
Oct
2020
News - Impact Developer & Contractor starts new project in Constanța #Constanta #development #Impact #residential #Romania

by Property Forum | Residential

Impact Developer & Contractor has started the works on the first 3 blocks of the Boreal Plus residential compound in the north of Constanța. The enterprise contract worth €9.5 million was concluded with the construction company Premium Invest Concept.


The initiative of the company, to sell part (16,806 sqm) of the land allocated to the Boreal Plus project to the Kaufland retailer is a premiere on the local market. This is part of the new residential development strategy through which Impact facilitates residents' access to the most important retail services and leisure activities.

At the beginning of September, Boreal Plus received the construction permit, and this month Kaufland also obtained this permit, so that both projects can start the construction works. Consequently, Impact Developer & Contractor chose the company Premium Invest Concept to build the first stage of Boreal Plus – blocks of flats project in Constanța. The value of the contract is €9.5 million and provides for the construction works necessary for the turnkey delivery of the first stage of the ensemble.

The 3 blocks have a height regime of GF + 8F + technical floor and GF + 11F + technical floor and include 209 apartments, of which 58 studios, 110 of 2-room apartments and 41 of 3-room apartments. In line with the sustainability policy adopted by Impact within the complexes developed in Bucharest, the neighbourhood will have solar panels, a system of selective collection and waste management, but also efficient lighting, along with infrastructure for wastewater recovery and management.

Developed on a plot of land with an area of 64,440 square meters, the Boreal Plus complex will include at the end of the project 691 homes - 673 apartments and 18 luxury villas, 826 parking spaces, of which 289 will be arranged in a multi-storey car park. Boreal Plus welcomes the future community with a range of facilities, including large green spaces, occupying an area of 12,000 square meters, park with playgrounds, sports field, places parking, commercial spaces and kindergarten.




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New leases

  • Froo Romania, a subsidiary of the Żabka Group, has relocated its HQ to the Bucharest-based Hermes Business Campus. The retailer secured around 2,900 sqm of office space in a transaction facilitated by Colliers.
  • Court One has signed a lease for approximately 6,300 sqm of space at MLP Business Park Vienna. The tenant, a subsidiary of the Padeldome group, is currently Austria’s largest operator in the sector, managing 42 courts across four locations in the capital.
  • Polish fashion and lifestyle brand Medicine has accelerated its domestic expansion, headlined by the opening of its largest store to date, a 985 sqm flagship at the Silesia City Center in Katowice. This strategic scale-up is mirrored by simultaneous growth in several regional markets, including a new 740 sqm unit at Magnolia Park in Wroclaw and a 600 sqm extension at Galeria Warmińska in Olsztyn. The retailer further bolstered its Silesian presence with a 500 sqm location at Pogoria Shopping Centre and a new opening at CH Platan, significantly increasing its total floor space across Poland.

New appointments

  • Avison Young has promoted Bartłomiej Krzyżak and Marcin Purgal to the roles of Co-Heads of the Investment Department in Poland. Krzyżak, previously Senior Director, brings 18 years of commercial real estate experience, having joined Avison Young in 2017. Purgal, also a former Senior Director and a member of the Royal Institution of Chartered Surveyors (MRICS), transitions into the co-head role with 23 years of experience in the CEE commercial markets.
  • Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.
  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.


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