One United Properties obtains construction permit for One Cotroceni Park

Anca Alexe 14/11/2019 | 09:29

One United Properties has obtained the construction permit for the first phase of One Cotroceni Park, an 80,000 sqm Gross Lettable Area (GLA) business park.

“We are marking the start of the largest urban regeneration project in the central area of Bucharest, on a 5.8 hectare plot,” says Mihai Paduroiu, CEO | Office Division, One United Properties, adding: “The size of the lot allows us to build a concept that will redefine the classic real estate developments, outlining a new point of interest on the Bucharest map.”

The first stage of this project will be a business park developed under the concept of “Flex Well Tech”: “Flexible office spaces, which facilitate access to green areas and offer a variety of services regarding the health and well-being of employees, built according to the latest technological standards,” explains Mihai Paduroiu.

One Cotroceni Park is will provide benefits such as: central city location with direct access to the subway, flexible surfaces from 3,400 sqm to 8,000 sqm, elevated gardens, green spaces, areas for outdoor sports activities and a panoramic view of the neighborhoods – Cotroceni Palace, Botanical Garden or Parliament Palace.

At the same time, One Cotroceni Park will give a new dimension to the concept “Work -Live – Shop”, offering future employees and residents a retail area of ​​15,000 sqm, comparable to that of a medium-sized shopping center.

The residential component of the One Cotroceni Park mixed-use project provides approximately 800 apartments, which will be developed in several phases starting from 2020.

For a high level of comfort for employees and future tenants, One Cotroceni Park will be directly connected to the future subway station Academia Militara through an underground passage.

The underground level, dedicated to parking, will benefit from 10 access exits for efficient traffic within the complex. Keeping the developer’s “eco-friendly” vision, One Cotroceni Park will be LEED (targeting LEED PLATINUM level) and WELL certified, with an emphasis on improving employees’ health and well-being through the quality of the work environment.

With the three major projects underway: One Tower, part of the One Floreasca City complex, the office tower of One Verdi Park complex and One Cotroceni Park, One United Properties is the developer with the largest office space under construction on the Romanian market.

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