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Highrises Discussions of projects under construction between 100-199m/300-649ft tall.
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Old December 29th, 2013, 05:19 PM   #1
mariusCT
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BUCHAREST | Bucharest One | 118m | 23 fl | T/O

Type: Office
Year of completion: 2015E
GBA : 48,732 sq m
Parking units: 537 indoor & 122 open
Layout: 3UG+GF+23F
Access: Subway | Tram | Bus


Height: According to investor's latest press release, this is going to be the second tallest building in Bucharest, so anywhere between 106 and 137 meters.

Location: Only 200 meters away from Sky Tower.

Quote:
Guernsey, 27 December 2013: Globalworth Real Estate Investments Ltd. (AIM: GWI) ("Globalworth" or "the Company"), the real estate investment company targeting opportunities in Romania and the broader SEE and CEE regions, is pleased to announce the acquisition of Bucharest One, a landmark office development project to be constructed in the Floreasca/Barbu Vacarescu area in the northern part of Bucharest.

Dimitris Raptis, Deputy Chief Executive Officer and Chief Investment Officer of the Company commented: "We are delighted to have acquired another of the assets identified in the Initial Portfolio as described in our admission document. The Floreasca/Barbu Vacarescu area is considered to be the fastest growing and most attractive office sub-market in Bucharest. The appeal of the area has resulted in both strong investor and tenant demand and one of the lowest office vacancy rates in Bucharest".

Bucharest One is expected to comprise 48,732 sqm of Gross Build Area above ground over twenty four floors. One completed, it will be the second tallest building in Bucharest. The project is located in the northern part of the City and has easy access by public transport and car. On-going improvements to local infrastructure are underway. The project has obtained the necessary permits to commence construction, which is scheduled to start in the first months of 2014, and is expected to be completed within Q3 2015.
Source

Renders:









The plot a few days ago:
Quote:
Originally Posted by andiMLG View Post


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Old December 29th, 2013, 05:24 PM   #2
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It's good for Bucharest. It needs all the towers it can get!
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Old January 8th, 2014, 12:32 PM   #3
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This is the plot. As you can see there already is a small cluster of office buildings.

Quote:
Originally Posted by fun_autobahn View Post
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Old January 8th, 2014, 01:20 PM   #4
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That circular tower looks fantastic. Like a modern version of the Rotunda in Birmingham, UK.

Great development.
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Old January 8th, 2014, 03:36 PM   #5
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Quote:
Originally Posted by Bligh View Post
That circular tower looks fantastic. Like a modern version of the Rotunda in Birmingham, UK.

Great development.
It is the Floreasca Center, the tallest building in Romania
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Old February 2nd, 2014, 09:48 AM   #6
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Globalworth appoints contractor for the development of Bucharest One

Quote:
Guernsey, 31 January 2014: Globalworth Real Estate Investments Ltd. (AIM: GWI) ("Globalworth" or "the Company"), the real estate investment company targeting opportunities in Romania and the broader SEE and CEE regions, is pleased to announce the appointment of BOG'ART as general contractor for the construction of the Bucharest One office tower. BOG'ART is one of the largest and most reputable contractors and construction companies in Romania having been responsible for, among others, the construction of some of the city's most prominent office buildings such as Tower Center International, Charles de Gaulle Plaza, and City Gate.

The acquisition of the Bucharest One site was completed in December 2013 and, as previously announced, it is expected that the development will be completed in the third quarter of 2015.
Source
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Old March 20th, 2014, 04:01 PM   #7
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Last month the investor secured the money for building this highrise:

Quote:
Globalworth signs Euro 65m bank facility with UBS


Guernsey, 14 February 2014: Globalworth Real Estate Investments Ltd. (AIM: GWI) ("Globalworth" or "the Company"), the real estate investment company targeting opportunities in Romania and the broader SEE and CEE regions, is pleased to announce that it has signed a short-term holding level bank debt facility for up to Euro 65 million with UBS. The arrangement of this facility is consistent with the Company's stated plans to use debt financing to improve returns on investments.

Dimitris Raptis, Deputy CEO and Chief Investment Office of the Company, said: "The granting of this facility by one of the world's largest financial institutions constitutes a milestone in the development of Globalworth's portfolio. This step underscores the management of Globalworth's belief in the future prospects of the Company".

William Gallagher, Co-Head of Special Situations and Emerging Markets Lending in EMEA at UBS, said "Through the provision of this debt facility, UBS is pleased to support Globalworth's development plans and to help it achieve its ambitions in the years to come."
SOURCE

Two pictures from a few days ago:

Quote:
Originally Posted by Cristi. View Post
Quote:
Originally Posted by Cristi. View Post
http://i.imgur.com/HHq660m.jpg

There are also two webcams on which the plot can be seen, if any of you guys are interested:
a traffic webcam
and a webcam for Promenada Mall (Sky tower)
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Old March 22nd, 2014, 11:46 AM   #8
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Nice. good addition to this cluster. It could use a few more towers.
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Old March 23rd, 2014, 11:45 PM   #9
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Just boring boxes with no identity at all. Bucharest should be carefull not to become a bland faceless city with buildings that could just be everywhere.
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Old March 24th, 2014, 12:05 AM   #10
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We don't want to become a tacky Dubaiesque mess either, with kitschy faux-classical or hyperorganic shapes.
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Old April 11th, 2014, 09:09 PM   #11
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UPDATE



SOURCE: sorigen @ Instagram
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Old June 23rd, 2014, 05:45 PM   #12
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Update, a few days ago. The construction is in full swing:
Quote:
Originally Posted by bogd_an View Post










more pics at the original post
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Old September 22nd, 2014, 12:10 PM   #13
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From the Romanian section:

Quote:
Originally Posted by Cristi. View Post
De astazi:



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Old September 22nd, 2014, 07:25 PM   #14
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Looks good other than that honeydew green glass.
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Old September 28th, 2014, 11:58 PM   #15
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Update from the Romanian section
Quote:
Originally Posted by Cristi. View Post
2 panorame rudimentare, de acum o ora:



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Old November 4th, 2014, 10:52 PM   #16
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From the Romanian forums:
Quote:
Originally Posted by Cristi. View Post
2.11











Imaginile sunt gazduite pe postimage, deci unii dintre voi probabil c anu le vor putea vedea. Imgur imi respinge fisierele, iar alte site-uri de hosting nu primesc mai mult de o poza la upload.
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Old December 17th, 2014, 11:22 AM   #17
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From the Romanian section, 2 weeks ago:
Quote:
Originally Posted by panda_no 5 View Post
Poze de ieri 03.12.2014.Se lucra.Burnita, vant, frig. 1 grad afara.
[IMG]DSC09640 by florin_apo, on Flickr[/IMG]

[IMG]DSC09641 by florin_apo, on Flickr[/IMG]

[IMG]DSC09642 by florin_apo, on Flickr[/IMG]

Pozele sunt cu baza viitorului turn.
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Old December 20th, 2014, 06:11 PM   #18
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Another update from the Romanian section:
Quote:
Originally Posted by Cristi. View Post
20.12

preview, mai pun mai pe seara, cand prind un pic de timp liber

http://postimg.org/gallery/31ijhuo50/6fcd4cfe/



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Old January 25th, 2015, 05:27 PM   #19
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Old January 26th, 2015, 06:48 PM   #20
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A few days ago
Quote:
Originally Posted by mariusCT View Post


de aici
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