by Alexandru Petrescu 
Fabrica de Glucoza, from the North of the Capital, will be widened to four bands, wide-sidewalks, bike paths, connected to the A3 highway, and the intersection with Barbu-Văcărescu will be reconfigured, to streamline traffic in the area.
These infrastructure works will increase access to offices in the Pipera, Dimitrie Pompeiu, Petricani areas and will reduce traffic at the Barbu Văcărescu- Fabrica de Glucoză intersection area.
Bucharest City Hall has handed over the site to the builder, and this fall, it will open the construction site.
General Mayor Gabriela Firea estimates that the project could be ready in a year, a maximum of a year and a half:
“The works start immediately after the demolition is completed, with an estimated completion time of three weeks. The execution period is 15 months; however, the possibility of reducing this term to 12 months is discussed with the executor”.
Specifically, the works that will be executed within this project, according to the PMB press release, are:
In the northern part of the Capital, the last major infrastructure work was the Pipera Passage, put into use in 2012. It connects the Pipera and Aviatiei areas, with an essential junction at the intersection with Barbu-Văcărescu Boulevard.
After the inauguration of the passage, the construction of offices and commercial spaces in the area has exploded. In 2013, Promenada Mall opened, and from 2012 until now, they have been delivered in the area new office buildings totaling a stock of over 400.000 sqm of modern space.
If you would like more information about the office spaces for rent in the northern area of Bucharest, 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!
Founding Managing Partner of ESOP Consulting | CORFAC International with 20 years of experience in real estate consulting and entrepreneurship.
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 […]
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 […]
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 […]
