Redport announces the launch of Phase IV of The Level Apartments residential project, a milestone that marks the completion of the development built in four phases in the Străulești – Petrom City area, one of the most dynamic residential zones in northern Bucharest.
The Level Apartments is the company’s debut project, designed as a phased development comprising approximately 500 units, with an estimated market value of around EUR 85 million, structured across four development stages.
The launch of Phase IV, which includes 202 premium apartments, follows the completion of the 105 units in the previous phase. The new phase has a GDV (gross development value) of more than EUR 43 million.
“The launch of Phase IV represents a natural step in the evolution of The Level Apartments project. The first three phases have validated the demand for modern housing in the Străulești area, while this final phase completes the development of a coherent urban community, built progressively in line with market dynamics and the real needs of buyers. We are proud that this launch coincides with Redport’s 10-year anniversary, marking a decade since we set out to professionalize the residential segment,” said Cosmin Savu Cristescu, CEO and Founder of REDPORT.
