Speedwell starts Record Park, a 42 million Euro mixed use project in Cluj-Napoca

Real estate developer Speedwell started the construction works of Record Park, the first mixed use development and urban regenerating project in Cluj-Napoca. The development process will attract an investment of 42 million Euro, the completion date of the entire project being due for the second quarter of 2020.

2018-11-26 12:59:11

The project is being developed on a plot of 17,300 square meters, only 15 minutes away walk from the Old Town, and will have a total build (aboveground) area of 36,000 square meters, as well as vast green areas, amounting to almost half of the total land surface.

"Record Park is a unique project and will be developed with great care for all the details. For example, we will keep the old Imperial Stables that will be restored in order to transform them into a prototype for the office of the future, with co-working spaces, an innovation centre and leisure areas. The project will include a state-of-the-art office building, retail spaces, an important residential area as well as pedestrian and vast green areas. Cluj-Napoca proves to have a solid level of demand on all the real estate segments, boosting investors′ confidence, especially for well thought, complex real estate projects, serving sophisticated functions of the occupiers", stated Didier Balcaen, general manager of Speedwell.

Record Park is located in the Marasti neighbourhood, 15 minutes away walk from the Old Town. The project will have a wide variety of pedestrian areas, such as a waterside promenade on the Morii Channel, which will be crossable with the help of several footbridges which will link the Record Park with The Office.

The office component of Record Park (12,000 square meters) will be represented by an A class office building with seven floors and a leasable area of approximately 1,700 square meters per floor. The building will be built in accordance with the sustainability development criteria and will be BREEAM certified. The office building will have retracted façade insuring thus a minimum heat transfer, a clear floor ceiling height of three meters as well as raised floors for cabling shafts and floor boxes.

C6, the former Imperial Stables of the Austro – Hungarian Empire and afterwards an outlet of the local textile factory, will be restored in a prototype for the office of the future. The space will be versatile, combining co-working spaces, a technology and innovation component with an art centre, leisure and restaurant areas.

The residential area of Record Park will be formed out of two buildings, each with seven floors, comprising 236 studios, one, two- and three-bedroom apartments, with surfaces starting from 45 sqm. and prices starting from 76,000 euro. Record Park will also include a kids' centre, with a kindergarten and a dedicated courtyard. At the same time, the residential and office buildings will host more than 1,000 sqm of retail spaces at the ground floor, which will include groceries, convenience stores, cleaning and other services.