Prima Development Group purchased a 6-hectare plot of land in the Sisesti area

Prima Development Group, the leader of the profile market in Oradea and the developer of the internationally awarded Boemia Apartments and Core Timpuri Noi projects in Bucharest, purchased from Immofinanz a plot of land with an area of ​​over 6 hectares, located on Gheorghe Ionescu Siseşti Highway. The developer also owns another 5-hectare plot of land in the same location and intends to build on these two plots the largest residential complex located on the shore of a lake in the north of Bucharest, with over 2,000 apartments and direct access to Griviţa lake. The gross development value for the project carried out on the two plots owned by Prima Development Group amounts to 260 million euros.

The new development in the company’s portfolio will be called Alizee by the Lake and is designed as a mini-city, with numerous facilities and a unique panorama. The complex will offer customers almost 2,000 apartments, with 3 hectares of green spaces and a free frontage to the lake of 500 m. It will also have very high energy performance, because it will be designed in such a way as to comply with nZEB standards and it will be provided with over 2,000 parking spaces, of which more than 300 will be equipped with charging stations for electric cars. Another advantage of the positioning of this residential complex is the easy access to the central area of ​​Bucharest and to the ring highway via the Radial Road 4 – Nord Express, which will cross the Siseşti Road. “Alizee by the Lake is the ideal space in which to live and you relax at the same time. It is designed as a miniature city, with security and video surveillance, to provide residents with everything they need: from commercial spaces, offices, pharmacies, fitness rooms and playgrounds, to the ever-so-relaxing view of Lake Griviţa, on the bank of which it is located. Alizee by the Lake generously offers ample green spaces, but it will not lack a service area necessary for a complex of such dimensions. It is a project with very low energy requirements, with minimal impact on the environment and advantages in terms of maintenance costs. The apartments are designed to provide comfort and represent a smart long-term investment. We estimate that we will start construction at Alizee by the Lake in 2025”, says Adrian Stoichină, co-CEO of Prima Development Group.

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