News Article Carmen-Adriana Oțelea Mixed-Use Nhood Office Residential Retail Reuben Brothers Romania Ruxandra Dragomir Timișoara Urban Regeneration

by Property Forum | Report

Nhood Romania has announced a partnership with Reuben Brothers to transform the former Solventul industrial platform in Timisoara. The 45-hectare site, with a history dating back to 1869, will be converted into a primarily residential area with integrated retail, office, service, and public amenities.


Established in 1869, the Solventul Timișoara factory produced alcohol and solvents and employed over 3,000 people during the communist era. The plant was a key industrial pillar of Timișoara and a driver of the regional economy before operations ceased in 1998.

"The Solventul platform has the potential to become a benchmark for urban regeneration, not just for Timișoara but for the entire region. We will create a vibrant space where the local community can enjoy a higher quality of life, featuring residential areas, workspaces, and meeting places, all while preserving local traditions," stated Carmen-Adriana Oțelea, CEO, Reuben Brothers.

In the first phase, Nhood Romania will develop the project's Master Plan, beginning with a comprehensive analysis of the area and defining a long-term architectural vision. The plan will integrate connections with the city's infrastructure, including the future road link to the Timișoara bypass.

"This mandate represents a unique opportunity to complement Timisoara's urban identity with an project. We will integrate principles of mixed-use development, sustainable mobility, and public space hierarchy to offer an urban regeneration model that will remain relevant for future generations," stated Ruxandra Dragomir, Head of Development, Nhood Romania.