Constanta sees EUR 20 million investment

“The building will be named Solaris Tower and it will be built in the Faleza Nord neighborhood, very close to the seaside. The works will start this spring and will end in 2010,” said Donciu.
The building will have three underground floors, a ground floor and 23 upper levels with the total built area topping 27,000 sqm, out of which the apartments will occupy 20,000 sqm.
The project includes the arrangement of a parking garage of about 5,000 sqm on three exterior levels, as well as a heliport on 130 sqm. Areas for sports activities will be set on three floors, with a rotating platform restaurant on the top floor.
Constanta-based Alcor Merchant was founded in 2002 with Romanian-Italian capital and one of the company's associates is the businessman Cristian Barca. The company invested approximately EUR 8 million in the construction of an apartment building and commercial space in Constanta. The building has ten floors and will be finished this summer.
Barca is the only associate of Alcor Construct, which will erect the Solaris Tower building. The company was founded in 1996 and started the construction of a block of holiday flats in 2005, with a personal investment of EUR 7.5 million. The building will have 124 apartments and will be inaugurated in autumn next year.

Andreea Marinas