Real estate developer Rock Development will invest EUR 23 million in the development of the second phase of residential project Avrig Park Residence. The company is now delivering the 135 apartments comprising the first phase of the project, fully sold, while the second phase will include 222 apartments, with the delivery date set for 2024.
Avrig Park Residence is the largest residential project under development in Bucur Obor area of Bucharest. The project represents a large urban regeneration of the area, being built on an unique structure of five floors underground, ground floor and 10 floors, the apartments being divided into two independent building bodies.
In addition to the 357 apartments, the project will also include 450 parking lots and commercial spaces at the ground floor, while in the underground will be all the parking and storage spaces for all the apartments.