The complex will be located in Bucharert’s district 1, near Petrom City.
“Lagoon Park Bucharest is the first artificial urban beach in a European capital (…). Lagoon Park is the transformation of a former abandoned industrial platform of 40,000 square meters into a green urban oasis, which includes a 10,000 square meter turquoise lagoon with an average depth of 2 meters, 11,000 square meters of white sand beaches, 1,150 sunbeds and umbrellas , 2 restaurants, 280 public parking spaces, a Lexus car exhibition and countless other facilities, from water sports to our own radio, LagoonRadio”, said Lucian Azoitei, CEO of Forty Management, the investors of the project.
The company started works on the Central District Lagoon City in 2023, a project that will include more than 400 apartments solely for lease, office spaces and services, a hotel, alongside an artificial lagoon located in the center of the complex.“Forty’s experience in innovative and sustainable projects, in addition to its success in exclusively green developments, has led to this long-term partnership”, says Jean Pierre Juanchich, Global Business Director of Crystal Lagoons.
Forty Management’s portfolio currently includes eight mixed-use Lagoon City-type projects and 11 Public Access Lagoon-type projects, which will be developed in six other countries – Hungary, Czechia, Poland, Italy, France and Spain, plus three luxury hotels with a total of 702 rooms – Radisson Lagoon and Central District Hotel – Crest Collection in Bucharest, along with the Swisshotel Hotel in Lagoon City Budapest.