Impact Developer & Contractor signs construction agreement with Electrogrup for phase 4 of Greenfield project

Impact Developer & Contractor signed two general contractor agreements, worth 18.4 million Euro + VAT, with Electrogrup S.A. for the construction of 406 apartments in phase IV in Greenfield residential project. The works will start in January 2021 and will be completed in the first quarter of 2022.

The contracts signed with Electrogrup, a member of E-INFRA, aim at building the first 5 blocks, with a total of 406 apartments out of a total of 14 blocks and 1167 apartments. The value of the contracts is 18.4 million Euro + VAT, and the value of the investment amounts to 26.6 million Euro + VAT. The offer includes studio units, 2-room, and 3-room apartments, and parking spaces will be available both underground and above-ground.

“Impact Developer & Contractor has signed the general contractor agreements for the first stages of the New Greenfield and is properly preparing for the new year. We have started the construction of the Greenfield Plaza community center and soon, will start the works for the Public School and Kindergarten. Because we offer a full range of facilities, we have every reason to expand Greenfield Baneasa and develop the community, which currently has over 6,000 inhabitants. A home in the wooded neighborhood comes with a healthy lifestyle, which includes not only the comfort of the home and overall facilities but also all the outdoor sports and recreation activities that can be done in the parks of Greenfield and in Pădurea Băneasa,” said Sorin Apostol, CEO Impact Developer & Contractor.

The construction of Greenfield Plaza began in November 2020. Thus, the housing concept will become more attractive in terms of new facilities offered: a strip mall, a wellness area equipped with gym, SPAs, tennis court, semi-Olympic indoor pool, outdoor pool and its office building, in the immediate vicinity of the public transport terminal inaugurated in October, 2020.