SPEEDWELL strengthens its position on the local market

by   CIJ News iDesk V
2023-03-22   10:18
/uploads/posts/fca967325e9ace688bc8b98e521ac4456fece853/images/1689107775.jpg

SPEEDWELL announces its projects carried out in 2022 and the development plan for 2023 The company targets mainly mixed-use projects, with a focus on the residential segment (75 percent), followed by developments in the office (20 percent) and industrial-logistics (5 percent) segments, respectively.

The developer has completed in the last two years RECORD PARK, the mixed project with 236 apartments and approximately 15,000 sqm of commercial space in Cluj-Napoca, the first two buildings of the TRIAMA Residence complex, the first two buildings which are part of Phase 1 of THE IVY, and the MIRO project -the class A office building that offers 23,000 sqm of office space in Bucharest. In the western part of the country, in Timisoara, SPEEDWELL created another urban regeneration project, PALTIM, an ensemble combining 236 premium apartments, with a class A office building and retail spaces, located on the site of a former factory, right on the shore of the Bega River. Last year, the company also launched its first industrial project, SPACEPLUS, which offers storage spaces for SMEs.

This year, the developer started sales for the third building of the premium residential project, THE IVY, located in the northern area of the capital, close to the Baneasa forest. Also in the capital, on the eastern side, in a well-connected area, SPEEDWELL is preparing to start the works on the third phase of the TRIAMA Residence project. For the month of June this year, the developer is preparing to launch sales for The MEADOWS, a unique concept on the real estate market in Bucharest, which offers modern homes with a low height regime, located on the shores of Grivita Lake, in Bucurestii Noi.

At the moment, SPEEDWELL is working to obtain the zonal approval for CityZen, a large-scale project on Calea Griviței (exGriro), which will change and improve the living conditions for current and future residents of the area by developing apartments, offices, services, restaurants, places for cultural activities, food market space, craft workshops, extended public spaces, parks, running tracks, kindergartens, public parks and recreation spaces.