Over the past years, Barbu Vacarescu-Pipera area has seen the biggest increases regarding the number of employees within modern office buildings. Thus, nearly 40% of employees working in such an environment are concentrated in buildings located in the vicinity of Aurel Vlaicu and Pipera metro stations, approximately 97,000 of a total estimated at 250,000, as per a recent analysis by real estate consulting firm Cushman & Wakefield Echinox.
The first phase of the project includes the construction of 134 housing units, namely, two and three-room apartments, as well as penthouse-type apartments. Structure works are carried out by building firm Conarg, held by businessman Valentin Visoiu. Conarg reported a turnover of RON133 million in 2017 and has more than 335 employees.
Aviației Tower by Radacini represents one of the portfolio projects developed by the architects of the company Vlad Simionescu & Asociatii.
Radacini Estate is the real estate division of Radacini group, one of the largest players on the Romanian car market, whose portfolio includes brands such as Opel, Mazda, Volkswagen, Peugeot, Suzuki, Honda, Citroen, Cadillac, Chevrolet (car service), Audi (car service). Before launching the division, the group had also built a residential project in Plevnei area and an office building with avant-garde architecture, under architect Dorin Stefan.