The gross development value for One Lake District stands at EUR337.7 million. The project, set to be built on eight hectares, will comprise nine housing buildings, a four-floor building exclusively destined for parking and another three-floor building for educational and administrative services.
In addition, the 5 commercial spaces will bring future residents several commercial, gastronomic, or leisure services.
The development is included in the partnership that One United Properties has started with Veolia Romania for innovative solutions aimed at improving the efficiency of energy consumption, as part of the developer’s long-term strategy to deliver sustainable buildings with a low carbon footprint.
“One Lake District will be an exclusive residential complex, built according to the high standards of quality that we promote in all developments. We offer a diverse palette of services specially designed for residents, as well as a selection of different residential units, from studios to 1, 2, 3-room apartments or duplexes. The compound is part of our company line of developments that also target the middle and upper-middle segment, and sales prices start at approximately 85,000 euros. The location we have chosen is, as with all our developments, the best the area has to offer, with quick access to all the necessary services. The location offers so many advantages and it surely represents the new important pole of the northern area of Bucharest”, says Beatrice Dumitrascu, CEO Residential Division One United Properties.
One Lake District will have an overall built area of above 250,000 square meters and will be built in three development stages, being expected to be delivered at end-2026.
(English version by Catalina Apostoiu)