Real estate developer Speedwell received the building permit for The Ivy, its residential project located in Băneasa, Bucharest.
The construction works will kick off for the 228 apartments included in Phase 1, as stated in the building permit.
Since launching sales, in February this year, 45% of the initial phase has been sold.
The Ivy features a total of 800 dwellings, from studios to 2, 3 and 4-room apartments located in 10 buildings with a P + 6 height regime, spread out over 5 hectares of land.
The complex includes a BREEAM Excellent certification supporting health and wellbeing through sustainable buildings, while also protecting natural resources, an important principle for all the Speedwell developments.
In addition, the residents living here will have access to many facilities designed for modern living, such as a restaurant, pool, kindergarten, fitness centre and shops.
The residential division of Knight Frank Romania has been the consultant for the sales strategy and is in charge of the sales process.