The Level Apartments, the first urban development project built by Redport Capital in the Străulești area of Bucharest, has reached 40 percent of signed pre-contracts of the total number of apartments in Phase III, even before the start of construction. Conceived as a smart and sustainable residential complex, the entire project is developed in four phases, with a total of 600 units and a total investment of €60 million. Construction started in 2017, and by the beginning of this year, the first two phases were successfully delivered to the new owners.
The Level Apartments III marks a significant evolution in the development of the entire project and draws a clear direction towards the future of living spaces, with increasingly high standards. The value of the investment in this phase exceeds €12 million, with the construction to be started in the fall of this year.
The built-up area above ground is over 10,000 sqm and offers a total of 105 studios, two, three and, a first for the project, four-bedroom apartments. In addition, the area of the balconies alone reaches almost 2,000 sqm. The complex has 118 underground and above-ground parking spaces, as well as over 500 sqm of commercial and service area, which will serve both future residents and other residents of the neighbourhood.
“Achieving this important threshold of 40 percent pre-sales of Phase III of The Level Apartments project even before the start of construction is concrete proof of the customer’s interest in the quality of our products and for our vision to transform the Străulești area in a reference residential development pole. The need for ever-higher living standards is a reality we understand, that’s why we’re committed to exceeding expectations and constantly evolving, and every project we develop is an opportunity to innovate and make significant improvements. We are proud to have been able to build a community around this project and provide added value to the residents of the area. In the future, we will dedicate ourselves to our goal of delivering excellence in residential development and creating a special living environment for all those who choose the products of the Redport group”, says Cosmin Savu-Cristescu, Managing Director, Redport Capital.
The Level Apartments is designed as a project with a solid vision of long-term sustainability, in the construction of which sustainable materials and environmentally friendly technologies have been prioritized. Energy efficiency is an essential element in the construction of a modern residential complex, and The Level Apartments III has solar panels, as a novelty compared to the other phases of the project, a significant step towards reducing the carbon footprint of the building. They not only reduce the monthly costs for residents but also contribute to the conservation of natural resources and increase the quality of life as a whole.
Moreover, the project is provided with more generous terraces and common spaces, with large glazed areas, which serve for energy efficiency, but also offer a panoramic view of the neighbourhood.
As in the previous phase, generous green spaces and gardens were created on the ground level to promote biodiversity and provide a healthier environment for residents. In addition, with The Level Apartments III, more attention has been paid to these aspects, with a third of the complex now dedicated to green areas, with generous gardens located on the ground floor.
The fourth phase of The Level Apartments project is expected to be launched by the end of next year and will include approximately 275 apartments, with an investment of €28 million.
