INTERDRAW, a real estate development company and full-service provider of project management and design services founded by entrepreneur Ulisse Gheduzzi, has obtained a building permit for a residential project of 248 new apartments, located on Drumul Gura Caliței Street, sector 3 Bucharest. The market value of Sungate Apartments is over EUR 30 million.
The Sungate Apartments residential project will be built on a plot of approximately 7,700 sqm and will include three apartment buildings with a height of Gf+11 and Gf+9 respectively and one level of underground parking. The project also includes commercial spaces on the ground floor of each building, designed for hypermarkets, pharmacies, coffee shops or essential service providers.
“Sungate Apartments represents INTERDRAW’s first major investment on the Bucharest residential market. We have been preparing this project for some time and we are happy to have managed to take the step towards the development of such a large-scale residential development. We have an integrated team of consultants, designers, architects and collaborators who aim to transform this project into a Western housing option, competitive with those recently built in the Theodor Pallady area,” said Ulisse Gheduzzi, founder of INTERDRAW.
The Sungate Apartments project is represented by Concept One, an integrated marketing, communication and sales services agency dedicated to the residential segment in Bucharest and Ilfov.
