The area around the Polytechnic University of Bucharest is seen as a popular office development destination, after Sweden’s Skanska started construction of an office space complex on another part of the same former Pumac plant site.
“It will be a mixed-use complex, which will begin with office space and possibly a residential development phase after that,” said the officials of River Development, the project developer in which Ion Radulea owns stake.
The first phase will see one office building out of three delivered in late 2018. The building will have a total area of 23,000 square meters above ground and 8,200 square meters underground. Gross lettable area will be 21,000 square meters.
The residential development phase should be carried out in 2018-2019.
(English version by Loredana Fratila-Cristescu)