The building will be a 122-meter tower, with 32 floors, and it will be located in the vicinity of Fantana Miorita.
The planned Central District Royal Suites, with an estimated value of EUR76 million, will be located on a 3,000-square meter plot of land and will offer 34 apartments. The complex will also include a public art gallery for Romanian contemporary artists.
The concept was designed by Sane Architecture, an architecture studio headquartered in Paris and founded in 2013 by Romanian architects Christina Chelarescu and Traian Bompa.
Forty Management’s portfolio includes 333 apartments finalized, 600 apartments under construction, a five-star hotel with 300 rooms, 9,000 square meters of office and retail spaces. Forty Management has obtained the Green Homes certification for all its projects until present.
The company, held by Daniela Azoitei and Narcis Baditescu, was the biggest firm established in 2020, regarding the subscribed share capital worth RON454 million.