The construction works for phase 1 of THE IVY, Speedwell’s residential project located in Băneasa, București, are ready to start. The first phase of the ensemble, comprising of 2 buildings, includes 228 apartments, the first building being delivered in June 2022.
Signing the contract with BTDConstruct & Ambient as a General Contractor, a few days ago, is an important milestone in the development process, together with starting the construction works.
Located on Jandarmeriei Street, in northern Bucharest, close to the Băneasa forest, THE IVY is a new residential ensemble that will include a total of 800 apartments comprised in 10 buildings with a P + 6 height regime. The project offers a wide variety of unit types, from studios to 2, 3 and 4-room apartments and penthouses. THE IVY’s residents will also have access to many facilities designed for modern living, such as a restaurant, kindergarten, fitness centre with pool, and shops.
The ensemble will be built in four phases, and construction works are ready to kick-off for the first 2 buildings, part of phase 1.
Within walking distance from the residential project, Speedwell is also developing a class A office project, MIRO. The two combine as a mixed-use set-up and bring balance to those that want to live and work in the same area, while benefiting from the retail amenities of Băneasa Shopping City, Mega Image, Decathlon, Ikea, Dedeman, etc.
Sustainability is a key principle for all of Speedwell’s developments. Therefore, both THE IVY and MIRO will include a BREEAM Excellent certification supporting health and wellbeing through sustainable buildings, while also protecting natural resources.
The residential division of Knight Frank Romania has been the consultant for the sales strategy and is in charge of the sales process.
“We are happy to announce we are ready to kick off the construction works for THE IVY. Through this project, we aim to create a new living standard for those looking to improve their life. This can be noticed in the concept design of the project, the quality of the materials and finishes used and contractors we are collaborating with. BTDConstruct & Ambient, a company with significant experience in residential development, has embarked on the project, in the role of General Contractor. We are excited to have them on board and we are certain that together we will create a superior product and a place for a new vibrant community to thrive.” states Didier Balcaen, CEO and CO-Founder at Speedwell.
Speedwell has a large portfolio of developments in Romania that includes Record Park in Cluj-Napoca, Triama Residence in Bucharest, Paltim in Timișoara, and Riverside City in Râmnicu-Vâlcea, together with the two above mentioned projects in the North of Bucharest.