With an investment value of 20 million euros, the first phase of the project includes 134 apartments and will be completed in the autumn of 2019.
The residential complex is located opposite the Promenade shopping center, in the immediate vicinity of the Marriott Courtyard Hotel and the A + class office buildings, between Floreasca Calle, Barbu Văcărescu and Herastrau train station.
These areas have remained the most important locations in recent years in terms of the number of employees in modern office buildings. According to estimates published in 2018 by the real estate company Cushman & Wakefield Echinox, approximately 40% of employees working in such an environment are concentrated in the buildings at the metro stations Aurel Vlaicu and Pipera (about 97,000 out of an estimated total of 250,000).
"The premium residential product we offer is suitable for outdoors and meets the needs of an audience with high expectations.Aviation Tower by Roads is the heart of the most important urban destinations, from work to leisure, you cross the street and goes to the cinema, or have lunch, watch the city from the highest altitude, through modern positioning, quality and design, the project offers investment security, but also the possibility to maximize investment value in the long term, "said Filip Todosia, representative of Estate Roots .
Tower by Roads is one of the portfolio projects developed by the architects of Vlad Simionescu & Asociaţii.
The first phase of the project was launched in February of this year and includes the construction of 134 residences, from 2- and 3-room apartments to penthouse / duplex and 172 parking spaces. For construction works Conarg AG, one of the largest Romanian companies dedicated to housing construction, was contracted.
Roots Estate is the new division for the construction and sale of luxury apartments of the Roadsini Group, one of the biggest players in the car market in Romania, which owns car brands such as Opel, Mazda, Volkswagen, Peugeot, Suzuki, Honda, Citroen, Cadillac, Chevrolet (service), Audi (service). Prior to the launch of the division, the group also built a residential project in the Plevnei area and an office building with avant-garde architecture.