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SPEEDWELL announces purchasing a land plot in Corbeanca to develop a premium residential project, GLENWOOD ESTATE

SPEEDWELL purchased a 14 hectares land plot with direct lake access and visibility, in Corbeanca, close to Bucharest. The developer will build here a new residential project, Glenwood Estate. The concept will encompass a mix of premium standalone villas with a low-height regime and extensive gardens set in a green environment.

SPEEDWELL, a leading real estate developer in Romania, has recently purchased a land plot in Corbeanca, with the purpose of developing here a new premium residential project, Glenwood Estate.

Glenwood Estate will be a residential neighbourhood where aesthetics and functionality will create a unique environment. It will feature around 210 individual villas with a low-height regime and sloped roofs. Different typologies will cater for the need for individual preferences with a focus on space, large bedrooms and living areas with views to a private garden.

The plot has a privileged location, on the lake shore of Ostratu and covers 14 hectares of land. Located in a quiet and natural environment, the Glenwood Estate community will also benefit from the vast array of existing facilities such as kindergartens, convenience stores and other services, already present in the Corbeanca area.

Through this new residential project, SPEEDWELL is addressing the needs of Bucharest’s residents, families with or without children, that are ready to make a change and want to benefit from more space, large gardens healthy air, silence, and natural surroundings.

As a gated community type of enclosure, Glenwood Estate will create a safe space for its residents, featuring amenities designed for spending time in the open, close to nature, such as a children’s playground, as well as spaces conceived for leisure and sports activities.

Like all SPEEDWELL’s projects, the concept is focused on well-being, a high degree of comfort and sustainability. Given its sustainability focus, Glenwood Estate has been designed to both reduce the impact on the climate as well as considerably cut the utility costs for its inhabitants, by implementing Photovoltaic panels, heat pumps, re-use of rainwater and similar sustainable measures. Given its placement, in a setting surrounded by biodiversity, SPEEDWELL has made it its mission to protect it and limit its impact on the environment.

High-end design, soft, natural colours adapted to the surroundings, top-quality materials, and finishes are the main characteristics of the Glenwood Estate project.

“The strategy for Glenwood Estate is to add value to the existing community and those that want to join it by creating high-quality sustainable developments with superior design. The Corbeanca area has the advantage of being in proximity to Bucharest, yet it is also a setting where people have access to nature and all its benefits. Silence, safety, and a feeling of community are the base of our concept. We have given the development the feeling of a naturally grown village with organically shaped roads and footpaths that follow the slope of the land.” declares Jan Demeyere, Architect and Co-Founder at SPEEDWELL.

The acquisition was made with the assistance of Ovidiu Stana from Conadi, in completing the transaction.

Sales for the first properties in Glenwood Estate will be launched this summer.


SPEEDWELL has a large portfolio of developments in Romania that includes RECORD PARK in Cluj-Napoca, TRIAMA Residence, The IVY, MIRO, THE MEADOWS, CITYZEN, and SPACEPLUS in Bucharest, PALTIM in Timisoara, and RIVERSIDE City in Ramnicu-Valcea.

For further information, please contact:

Elena Dumitru, Marketing Manager at Speedwell
+40 747 494 216
[email protected]


ESG Report 2022