Speedwell’s first project in the city of Timisoara, PALTIM, a mixed-use ensemble built around the Transit Oriented Development concept, combines premium apartments, office and retail spaces, as well as two historical buildings that are going to be refurbished.
The first phase of the project features an apartment building comprising of 123 units, from studios, to 2, 3, and 4-room apartments, estimated to be delivered in the spring of 2024. The second phase will add another 113 apartments, reaching the total of 236 units of the project.
The PALTIM ensemble is located close to the Bega River, near the Central Park.
PALTIM will be built respecting the nZEB standards, using superior quality materials for thermal insulation, as well as renewable energy systems. Moreover, the office component of the project has been designed to obtain the BREEAM Excellent certification.
Approximately 50% of the available stock of apartments has been sold.