Concelex will design and carry out the seismic retrofit and modernization works for the building at 1 Schitu Măgureanu Street, which houses the "Lucia Sturdza Bulandra" Municipal Theatre and premises belonging to the University of Bucharest. Listed under seismic risk class I, the building is located in a protected area. The project aims to achieve seismic retrofitting as well as improved energy efficiency, with a contract value of 98.6 million lei.

The building on Schitu Măgureanu has a total floor area of over 11,800 sqm and involves a complex intervention: structural reinforcement, repair and restoration of architectural elements and artistic components, modernization of building systems, and the introduction of fire safety solutions. In addition, the works will cover thermal insulation, waterproofing, window and door replacement, and the installation of energy-efficient equipment, with an impact on energy consumption and greenhouse gas emissions. The project also involves partial demolitions, ground improvement works for the foundation, as well as utility connections and disconnections.

Located at the intersection of Schitu Măgureanu Boulevard and Calea Plevnei, the building is one of the most important architectural landmarks of the Cișmigiu area, with a 100-year history. The complex was built in stages, with construction of the main building beginning in 1926 as the Palace of the League for the Cultural Unity of Romanians. Between 1950 and 1977, it housed the Institute of Theatrical and Cinematographic Art, and today it serves the "Lucia Sturdza Bulandra" Municipal Theatre and the University of Bucharest, with lecture halls, amphitheatre, library, archive and offices.