News Article Constantin Sebeșanu Greenfield Copou Iași Impact Developer & Contractor residential Romania
by Property Forum | Residential

Romanian property company Impact Developer & Contractor has obtained the construction permit for its Greenfield Copou residential project in Iași that will have a market value of around €175 million.

The complex will feature 1,062 apartments, 1,083 parking spaces, as well as over 15,000 sqm of green spaces and service facilities.

“Greenfield Copou is a project that was born more than three years ago, a period that has been allocated to obtain the approvals and the building permit, and from this moment on we can focus on the actual development stage. Considering the time elapsed, the geo-political and economic changes in recent years, we are currently in the process of reviewing the business plan, securing financing and planning the development stages in detail, in order to deliver a project that will ensure a new standard of quality to our future customers and generate added value for all parties involved: the Iasi community, suppliers, investors," said Constantin Sebeșanu, Impact’s CEO.

The project will be developed under the nZEB and BREEAM Excellent standards and will have a zero-road traffic policy on the premises