Businessman Giorgic\u0103 Baicu, who has developed apartments under the Corvaris and Venus brands, is starting work on his new residential project in Bucharest, with 420 apartments and a 4-star hotel behind the Berceni Arena ice rink, near the Ap\u0103r\u0103torii Patriei metro station.<\/p>\n
A company owned by Giorgica Baicu has bought from the construction company Conexir Roell, owned by a group of Greek investors, a 1.4 ha plot of land, which had previously been promised for sale to the German retailer Lidl, but without a final deal.<\/p>\n
On this land, Giorgic\u0103 Baicu is now starting the construction of a residential project, which will include 5 blocks of 420 apartments and a 4-star hotel with 100-110 rooms, swimming pool, SPA and conference rooms. The buildings are structured on two basements, ground floor, mezzanine and 6 floors. The complex will have 592 parking spaces on the ground floor and in the basement. The project will be called Venus Arena.<\/p>\n
The ground floor and mezzanine will be developed commercial and office spaces with a total area of about 6,500 square meters.<\/p>\n
Most of the apartments in the complex, 144 to be exact, will be two-bedroom apartments, and the selling price has been set at 2.000 EUR\/sqm, above the average price in the area.<\/p>\n
The investment in this project will be around \u20ac30 million.<\/p>\n
Giorgic\u0103 Baicu is not for the first time investing in hotels. He also owns the 26-room, three-star Corvaris hotel on Olteni\u021bei Road. The Venus Arena project is located behind the new Berceni Arena skating rink, inaugurated last summer following a EUR 10 million investment backed by the local budget of the Sector 4 City Hall and the state budget. Next to Venus Arena, in the Ap\u0103r\u0103torii Patriei area, the City Hall is now building a new 860 m long overpass, which follows the Europa Unit\u0103 overpass.<\/p>\n","protected":false},"excerpt":{"rendered":"
Businessman Giorgic\u0103 Baicu, who has developed apartments under the Corvaris and Venus brands, is starting work on his new residential project in Bucharest, with 420 apartments and a 4-star hotel behind the Berceni Arena ice rink, near the Ap\u0103r\u0103torii Patriei metro station. A company owned by Giorgica Baicu has bought from the construction company Conexir…<\/p>\n","protected":false},"author":8,"featured_media":109283,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2853],"tags":[2976,2946],"thb-sponsors":[],"class_list":["post-109316","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investment","tag-giorgica-baicu-en","tag-venus-en"],"article_style_override":"off","post-style":"style1","post_via":"","post-top-image":"","_links":{"self":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts\/109316","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/comments?post=109316"}],"version-history":[{"count":0,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts\/109316\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/media\/109283"}],"wp:attachment":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/media?parent=109316"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/categories?post=109316"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/tags?post=109316"},{"taxonomy":"thb-sponsors","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/thb-sponsors?post=109316"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}