Forty Management, a Romanian developer of mixed-use real estate projects and green urban redevelopment, has commenced construction on Central District Lagoon City, a project that will feature over 400 apartments strictly for rent, office and service spaces, a hotel, and an artificial lagoon located at the center of the complex, representing an investment of 120 million EUR.<\/p>\n
The first stage of the project is Lagoon City, and subsequently, the company will also develop a 5-star hotel and office space.<\/p>\n
The Bucharest project will implement the patented Crystal Lagoons technology, which allows for the construction and maintenance of cost-effective and energy-efficient turquoise water artificial lagoons of unlimited size.<\/p>\n
Lagoon City will bring around this artificial lagoon a 5-star hotel with 323 rooms affiliated with an international brand, 401 apartments destined for rent, 9,200 sqm of commercial and service spaces, a Class A office building with an area of 8,500 sqm, as well as numerous other facilities\u2014essentially a mini-city with all the destinations necessary for urban living.<\/p>\n
Located at 18 Coralilor Street, Central District Lagoon City is the first mixed-use urban redevelopment project that will produce all utilities in-house, thus leveraging Forty Management’s know-how and experience in sustainability.<\/p>\n
The service component of Central District Lagoon City will include a heliport, concierge services for all apartments, 3 restaurants, 2 beach bars, a 430 sqm bistro serving the beach area, a sky bar, cafes, a private cinema, a kindergarten, 2 SPA centers, a beauty clinic, and electric car co-sharing services.<\/p>\n
What is the total investment for Central District Lagoon City?<\/strong><\/p>\n The project represents a total investment of 120 million EUR by the Romanian developer Forty Management.<\/p>\n What technology is used for the artificial lagoon?<\/strong><\/p>\n The project uses patented Crystal Lagoons technology, which creates energy-efficient, turquoise water lagoons of unlimited size.<\/p>\n What types of residential units are available?<\/strong><\/p>\n Central District Lagoon City will include 401 apartments designed exclusively for the rental market.<\/p>\n","protected":false},"excerpt":{"rendered":" Forty Management, a Romanian developer of mixed-use real estate projects and green urban redevelopment, has commenced construction on Central District Lagoon City, a project that will feature over 400 apartments strictly for rent, office and service spaces, a hotel, and an artificial lagoon located at the center of the complex, representing an investment of 120…<\/p>\n","protected":false},"author":0,"featured_media":91421,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2859],"tags":[466,1588,1587,1491],"thb-sponsors":[],"class_list":["post-116135","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stirea-editiei-en","tag-central-district-lagoon-city","tag-crystal-lagoons","tag-forty-management","tag-hotel-de-5-stele"],"article_style_override":"on","post-style":"style2","post_via":[{"title":"economedia 25.04.2023","post_source_url":""},{"title":"","post_source_url":""}],"post-top-image":"https:\/\/rhn.ro\/wp-content\/uploads\/2020\/02\/topstory.jpg","_links":{"self":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts\/116135","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"}],"replies":[{"embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/comments?post=116135"}],"version-history":[{"count":0,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts\/116135\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/media\/91421"}],"wp:attachment":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/media?parent=116135"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/categories?post=116135"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/tags?post=116135"},{"taxonomy":"thb-sponsors","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/thb-sponsors?post=116135"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}