miercuri, octombrie 8, 2025

From factories to futures: Bucharest leads Romania’s urban regeneration drive

MedicalFrom factories to futures: Bucharest leads Romania’s urban regeneration drive

Bucharest remains the epicenter of Romania’s urban regeneration, with former industrial sites increasingly converted into vibrant mixed-use districts. According to data from Cushman & Wakefield Echinox, the capital city generates the country’s largest volume of land transactions within urban areas, driven largely by the transformation of old industrial platforms into developments combining residential, retail, and office components.

Over the past few years, several major land deals have reshaped Bucharest’s real estate landscape. Sites such as Rocar (approximately 21 hectares), Roca Preciziei (12 ha), Helitube in Colentina (8.9 ha), Muntenia near Parcul Carol (5.7 ha), Antrefrig (5.7 ha), Titan Mar on Șoseaua Progresul (4.5 ha), and Atlas in Pipera (2.9 ha) have been acquired for large-scale developments.

Developers including Prime Kapital, One United Properties, Forte Partners, Speedwell, Prima Development, and Hils Development are at the forefront of this transformation, each contributing to reshaping Bucharest’s former industrial zones into integrated urban areas.

Trend expands beyond the Capital

The reconversion wave is no longer confined to Bucharest. In Cluj-Napoca, large-scale projects such as Transilvania Mall (on the former Cesarom platform by Prime Kapital), Rivus City (on the Carbochim site), and Hexagon’s planned Tehnofrig redevelopment showcase how industrial land is being reimagined across Romania’s second-tier cities.

In Timisoara, most former industrial platforms have already transitioned into retail and office hubs, while upcoming redevelopments of the Spumotim and 1 Iunie sites are set to create new urban landmarks.

Iasi is also undergoing rapid transformation: Prime Kapital’s Silk District and Mall Moldova — the largest shopping center outside Bucharest — both occupy former industrial plots.

Meanwhile, in Brasov, the massive Tractorul site has evolved into one of Romania’s most significant regeneration projects, and in Constanta, Iulius Group is converting the former Oil Terminal land into a modern, mixed-use complex.

Articolul From factories to futures: Bucharest leads Romania’s urban regeneration drive a fost publicat prima dată în Money Buzz! • Știri Economice, Știri Financiare, Știri Business

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