Cloud9 launched construction work for the second phase of its premium residential project, Cloud9 Evolution
The investment allocated to the development of this phase is estimated at €80 million
Cloud9, part of the real estate division of Alfa Group, a real estate developer with over three decades of experience in delivering landmark residential projects in the Bucharest market, strengthens its position in the premium segment by launching the second phase of the Cloud9 Evolution project. The investment in the new development phase amounts to €80 million, out of a total budget of €170 million allocated to the entire project. Construction work continues to progress both for the first phase of the project, with an estimated delivery date in the next 12 months, and for the second phase, scheduled for completion in 2027.
Developed on an area of 3.2 hectares, Cloud9 Evolution, a landmark of the new generation of residential developments in the north of the capital, will deliver a total of 1,148 apartments—studios and two-, three-, four-room units and penthouses, as well as the innovative 2.5-room layout—complemented by over 1,200 parking spaces. The second phase of the project will include 536 residential units and over 540 parking spaces and offers an integrated residential experience that blends comfort with the elegance of a premium lifestyle.
Răzvan Brasla, CEO of Cloud9, adds: “Cloud9 Evolution meets the principles of the 15-minute city, offering quick access to all points of interest and facilities required for a premium lifestyle. The first phase of the Cloud9 Evolution project is 50% sold, which has motivated us even more to begin development of the second phase. The vision for Cloud9 Evolution is to develop a coherent and dynamic master plan, in which residential buildings and lifestyle functions are harmoniously integrated into a unified, modern, and efficient urban ecosystem. Thus, starting in 2026, a modern educational facility will be inaugurated within the development, with the second phase bringing a series of complementary facilities, such as commercial spaces that will accommodate a cafeteria, artisan bakery, laundry, along with a fitness room, basketball court, and areas dedicated to wellness and socializing activities.”
The Cloud9 Evolution architecture stands out with its contemporary concept, featuring dynamic facades that create visual rhythm and urban identity, while the U-shaped buildings generate safe interior spaces and social areas. All apartments benefit from large glass surfaces and generous terraces that ensure natural light penetration, and the aesthetics of the complex are defined by modern facades that combine ventilated ceramic tiles, warm tones, and curtain-wall handrails, complemented by light colors for a timeless, elegant, and cost-effective look.
Furthermore, premium finishes, underfloor heating, and smart home systems that allow climate control set the high standard for development, while the integrated photovoltaic panels are dedicated to powering common areas, leading to increased energy efficiency and a reduced environmental impact. Răzvan Brasla, CEO of Cloud9, continues: “Cloud9 Evolution is the expression of a new generation of urban living. We are building an authentic ecosystem where technology, sustainability, and community complement each other harmoniously, offering not just apartments, but a complete setting for an active and balanced life.”
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About Cloud9
Cloud9 is a premium residential project located in northern Bucharest, one of the city’s most vibrant and sought-after areas. It was designed to support a modern lifestyle aligned with the “15-minute city” vision, with a strong emphasis on urban connectivity, safety, and active community building.
About Alfa Group
Alfa Group is an entrepreneurial group comprising leading companies in their respective industries, such as OSCAR Downstream (Oil & Gas), Akcent Development (Real Estate), and Onix Asigurări (Corporate Guarantee Insurance). With over 30 years of experience in real estate development, the group has delivered more than 15,000 apartments and built over 1 million square meters of residential and office space. Its real estate portfolio in Bucharest includes flagship office developments—Oscar One, Maria Rosetti Tower, Eminescu Offices, and Mendeleev Office 5—and premium residential complexes such as Cloud9, 19th Residence, 20th Residence, and 21st Residence.
