Giorgică Baicu is preparing new residential project and 4-star hotel

Businessman Giorgică Baicu, who has developed thousands of apartments under the Corvaris and Venus brands, is preparing the construction of a new residential project with 316 apartments and a 4-star hotel behind the new Berceni Arena ice rink, near the Aparătorii Patriei metro station .

A company of Giorgica Baicu bought a plot of land with an area of about 1.4 hectares from the construction company Conexir Roell. Now, Baicu is working on the final details of a residential project, which will include 5 blocks with 316 apartments and a 4-star hotel.

The complex will benefit from 535 underground and above-ground parking spaces. The hotel will be called Venus Arena.

"The plan is to start construction next year in the spring. In addition to housing, there will also be generous commercial spaces on the ground floor. We will borrow some graphic elements from Berceni Arena," said Cătălin Grigore, one of the owners of Sud Rezidential, the project's exclusive sales agent.

The investment in this project will be between EUR 20 and EUR 25 million.

Source: Profit.ro