This is the first phase of the Onix Park residential project, which will include a total 2,000 housing units, consisting of two four-storey buildings and an eleven-storey building.
So far, the Onix Residence has completed over 1,000 apartments within projects such as Onix Residence, located in Bucharest’s Orhideea area, and Onix Blue Mamaia Nord, at the seaside.
Mohammad Murad, who owns Onix Residence, is one of the largest hotel owners in Romania. Murad holds the Phoenicia Holiday Resort tourist compound in the north part of seaside resort Mamaia-Navodari and also owns the hotels Perla Majestic, Majestic Olimp, Majestic Jupiter on the seaside, as well as the units in Bucharest, namely, Phoenicia Grand Hotel, Phoenicia Express and Phoenicia Comfort.
Murad and his family also own businesses in the real estate and food sectors, canned food producer Mandy Foods and restaurant chain Springtime.