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News from Members The multifunctional project One Verdi Park developed by One United Properties reaches ground zero and will be completed in 2021

The multifunctional project One Verdi Park developed by One United Properties reaches ground zero and will be completed in 2021

by One United Properties July 8, 2020
  • The residential component of One Verdi Park mixed-use project has already been 50% pre-contracted
  • The residential tower at One Verdi Park will be one of the tallest exclusive apartment blocks in Bucharest, and the office tower a solution for companies in search of representativeness
  • One Verdi Park will offer a modern concept focused on community and wellbeing - quality of life and work
  • The project will meet the highest LEED and WELL certification standards

A mixed project built by One United Properties in an area with important development prospects, One Verdi Park reaches ground zero level. The construction of this multifunctional project was started in the fall of 2019 and will be delivered in Q 4 / 2021.

Located in the northern part of Bucharest, on Barbu Văcărescu Street, One Verdi Park consists of two towers, an office one and a residential one, 77 meters high, with superb panoramic views of Floreasca and Tei lakes. The two towers are joined by a commercial space on the ground floor. The residential tower at One Verdi Park together with the largest tower at One Mircea Eliade (the residential component of One Floreasca City) will represent the highest blocks of exclusive housing in Bucharest.

The project will have a total area of ​​60,000 sqm distributed as follows: 19,000 sqm basements with over 480 parking spaces, 21,000 sqm for offices rent, 16,000 sqm for 134 exclusive apartments and 4,000 sqm commercial spaces on the ground floor. The residential tower will be one of the tallest landmark apartment buildings in the Capital, while the office tower is a solution for companies seeking representativeness, having a dominant position, with a unique view of Verdi Park and Lake Floreasca. Both towers are developed following the company's philosophy of providing exclusive buildings that meet Green and LEED requirements, while the office tower will target LEED Platinum v4 and WELL certifications. The project is in line with the constant concern of the developer to provide more than housing and offices, but unique concepts of living and working, focused on wellbeing, and the quality of housing and workspace. Centred around the idea of community and higher standards of quality of life, the concept of wellbeing focuses on how a person feels when living or working in a particular space and offers access to facilities such as shops, restaurants, cafes and establishments for sports, to healthy and comfortable workspaces, relaxation areas and contemporary design homes.

“One Verdi Park is a mixed-use project developed in an area with great potential, an area dedicated both to the office segment and to the commercial and residential one. As we have reached ground zero, the development of the project advances, which allows us to deliver it earlier than the initial assumed deadline, at the end of 2021. We are working with a very efficient contractor from Turkey, and at present we are even four weeks before the initial budgeted program, a pace that can allow us to complete before the scheduled time. We are witnessing a trend of time efficiency management in large urban agglomerations, and mixed-use projects that offer both housing and workspaces in the same area are gaining ground. Customers are looking for multifunctional developments that offer them as many facilities as possible, from home, office, market, restaurant, all because it saves them time. The development of this project started in the fall of 2019 and 50% of the housing units have already been pre-contracted. One Verdi Park will be one of the landmark projects of the city, a reference development, like One Floreasca City, on a dynamic real estate market such as ours", says Beatrice Dumitrașcu, VP Residential Division One United Properties.

The two buildings of One Verdi Park are provided with a 5.30 m high lobby, with premium finishes made of natural stone plywood, while the walls will feature exposed concrete areas and copper and wood plywood. The contemporary design of the lobby will be signed by Lemon Interior Design and will bring an elegant and cosmopolitan note to the entrance of the building.

Access to the complex will be available from Barbu Văcărescu Street, and the outer boulevard area will be designed as a pedestrian space, composed of pedestrian alleys, green and recreation spaces. The development location - the intersection between Barbu Văcărescu Street – Glodeni Street - Gheorghe Țițeica Street - benefits from fast access and bus station, high speed tram and taxi. 30% of the total development land area will be destined to green spaces.  

One Verdi Park concept is part of the company's strategy to develop multifunctional projects, such as One Cotroceni Park or One Floreasca City, in the context of a strong interest in revitalizing the former industrial platforms of Bucharest, but also meeting the growing concern to improve quality living and working environment.

 

 

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ONE UNITED PROPERTIES is one of the most active real estate developers of residential, office and mixed-se projects in Bucharest. One United Properties is an innovative company dedicated to accelerating the adoption of construction practices for energy-efficient, sustainable, and healthy buildings. Founded in 2007 by Victor Căpitanu and Andrei Diaconescu, One United Properties is known for iconic developments such as One Floreasca City, One Herăstrău Park, One Charles de Gaulle, or One Herăstrău Plaza. By the end of 2020 One United Properties will have over 800 completed apartments and over 2,000 to be completed in the coming years. The office division, established in partnership with Ionuț Dumitrescu, currently has a portfolio of 67,500 sqm GLA (One Tower, part of One Floreasca City, One North Gate business park, One Victoriei Center building, One Herăstrău Office) and offices in development and construction of over 100,000 sqm GLA (One Cotroceni Park and One Verdi Park). All the company’s buildings have superior certifications of sustainability and energy efficiency, and the developer is awarded at numerous galas and conferences in the field. One United Properties is the first real estate developer in Romania to be internationally awarded, at the International Property Awards.

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