District 5 City Hall Proposes a Project for the Development of the Largest Free Plot in Bucharest

City Hall of District 5 has recently held a public debate on the development of the Antiaerian project, on the most extensive free plot in Bucharest, about 110 hectares. Along with our company, representatives of the foremost real estate developers in Bucharest and several major real estate companies were invited.

The initial project proposes building a technological hub to attract young employees, but also 40,000 dwellings, a polyvalent hall, sports fields, school, and maternity, located, as shown in the picture below.

District 5 City Hall has signed a technical assistance agreement with the World Bank, taking into account the joint development of the design theme for urban development and the economic component and investor attraction.

The project is also included in the District 5 Sustainable Development Plan, along with seven other priority plans, including the Cotroceni-Progresul urban highway, which will follow the route of the former railway between the two regions, and an urban transport hub in the Progresul area, an urban regeneration project in the ROCAR area – a mix of commercial and housing and an urban regeneration project for retail and tourism in the Uranus area, setting up a pedestrian and cycling area between the Historic Center – The Academy Park and the George Coşbuc area.

For the time being, no deadline has been set for the implementation of the projects.

If you would like more information about the office spaces for rent in district 5, please contact the ESOP team by filling this brief form, or by phone (+4) 0723.26.61.97 or (+4) 021.528.04.40. We’ll promptly answer your inquiry!


Alexandru Petrescu

Founding Managing Partner of ESOP Consulting | CORFAC International with 20 years of experience in real estate consulting and entrepreneurship.

Postari similare

Consolidare versus atomizare pe piata de birouri

Consolidation versus “atomization” on the office market due to COVID 19


What will companies do in the post-COVID-19 period? Will they return to the consolidation strategy, namely placing the entire company under a single roof, be that an office building or a business park? Or will they choose to “atomize” them through Work from Home or Work Near Home? Or will they adopt a hybrid strategy […]


Read more

Office Buildings in Central ZACA Area and Projects Outside the Area With Bans for Polluting Cars


Update 24.10.2019 The Capital City Hall approved the introduction of the vignette in Bucharest. Downtown, cars under Euro 3 (Non-Euro, Euro 1 and Euro 2) will not be allowed next year, and from 2021 nor those below Euro 4. All cars under 5 euros will pay a vignette to drive on the other streets, outside […]


Read more

The Last Mile: the Western Phenomenon, Placing the Most Sought-After Warehouses in the City


In big cities in the USA, England, and Germany, the most hunted industrial spaces are the logistics spaces inside the city as close as possible to the end consumer of e-commerce (online sales) and delivery companies, called last-mile.  The battle for these deposits is between Amazon and the delivery companies (such as UPC, FedEx) that […]


Read more