IMPACT Developer & Contractor begins construction on ARIA Verdi, the new luxury mixed-use project in Barbu Văcărescu copy

• ARIA Verdi features 865 apartments, over 5,000 square meters of retail space, and over 2,400 square meters dedicated to sports and recreation.
• The compound will be developed in two phases between 2026 and 2032.
• The gross project development cost is 501 million euros.
• The project is off to a strong commercial start, with reservations totaling 13 million euros.
• ARIA Verdi is being developed to meet BREEAM Outstanding and nZEB standards. 

Bucharest, June 2, 2026 - IMPACT Developer & Contractor, a leading real estate developer in Romania, is announcing the start of construction on the first phase of the luxury mixed-use ARIA Verdi project, located on Barbu Văcărescu Boulevard in Bucharest, with completion scheduled for 2029. The start of construction comes shortly after the project’s commercial launch, which generated reservations totaling 13 million euros.

ARIA Verdi brings together 865 elegant apartments, an extensive range of features and services - including a retail gallery, spaces for the liberal professions, areas for extracurricular activities, a private park and green terraces, as well as wellness, sports, and relaxation zones - and urban sustainability solutions meeting BREEAM Outstanding and nZEB standards. The gross project development value amounts to 501 million euros.

The first phase of the complex comprises four buildings with 401 apartments, a ground-floor shopping centre, music-themed green terraces, and an exclusively underground parking garage spanning three levels. The buildings facing Barbu Văcărescu Boulevard will have 20 floors, offering an impressive view of Verdi Park, Tei Park, and Circului Park, as well as Tei Lake and Floreasca Lake. The other two buildings will have two floors with green roofs. 

“The start of construction on ARIA Verdi, one of IMPACT’s major projects, marks the beginning of a new phase of development for the company, as well as a shift toward a new type of product featuring high-rise buildings, and luxury facilities and finishes. This new phase is supported by strong demand for our new project in Barbu Văcărescu. ARIA Verdi is a project that reflects the direction in which IMPACT is evolving: mixed-use developments built with a long-term vision and a focus on added value for end-users and investors”, said Dan-Sebastian Câmpeanu, CEO IMPACT Developer & Contractor.

The first phase of the project includes a wide range of unit types, from 2 to 6 rooms, with built areas ranging from 73 to 442 square meters. All units feature spacious terraces, large windows, and three-meter-high ceilings. The mix includes a limited number of ultra-luxury apartments, ranging from 250 to 442 square meters of built area, with panoramic views and state-of-the-art amenities. 

The ground floor of the buildings in the first phase is dedicated to a retail gallery featuring local services, food and beverage concepts, beauty, banking, concierge, and lifestyle offerings, designed to enhance everyday comfort and provide a premium urban experience within the ARIA Verdi compound.

ARIA Verdi, part of IMPACT’s new strategic development cycle

ARIA Verdi is part of IMPACT’s strategy for the 2026–2034 period, which includes the development of five major mixed-use projects and the construction of 7,870 residential units, with a total gross built area of 892,203 square meters and a cumulative gross development value of 1.68 billion euros. Over 15,000 people already live in the communities developed by IMPACT.

In 2026, IMPACT marks 30 years since its listing on the Bucharest Stock Exchange and 35 years in business, having established a vertically integrated business model and a long-term development vision. The company is the first real estate developer listed on the Bucharest Stock Exchange and one of the key players that have contributed to the development of the local residential market.