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Speedwell kicks off construction works for the second building at THE IVY

Construction works for Building 2, part of the first phase of THE IVY, Speedwell’s residential project located on Jandarmeriei Street, have started. The first phase of the ensemble includes 2 buildings and comprises of 228 apartments in total.

After selling more than 75% of the apartments in Building 1, Speedwell kicked off construction works for the second building, part of THE IVY Phase 1.

Benefiting from an excellent location in northern Bucharest, right on Jandarmeriei Street, THE IVY will include a total of 800 residential units. With a height regime of P + 6 and a state-of-the-art design, it offers plenty of benefits to its residents. Future homeowners will be able to choose from a wide variety of spacious units, including studios, 2, 3, 4-room apartments and penthouses.

Designed for a modern lifestyle, the residential project offers facilities such as a restaurant, kindergarten, fitness centre with pool, and proximity shop. THE IVY is a great place for a community to be created and grow organically. It features pedestrian alleys, bike lanes, an interior courtyard with garden and other communal areas.
The ensemble consists of a total of 10 buildings that are going to be built in four phases.

Furthermore, THE IVY’s concept, created to obtain a BREEAM Excellent certification, supports health and wellbeing through sustainable buildings, while protecting natural resources. Sustainability is one of the objectives Speedwell is committed to obtain through all its projects.

THE IVY is part of a mixed-use setup if combined with MIRO, the A class office project located within walking distance from the residential project. This is due to that fact that Speedwell’s projects are based on the Transit Oriented Development concept to create a better work-life balance and a higher quality of life.
While the first building of THE IVY has already taken shape, we are also pleased to announce starting the construction works for Building 2, with a new stock of apartments being now available to our customers. Reaching the 75% sales threshold for the apartments in Building 1 is another reason to be excited. We are always happy to see that our projects are welcomed by our future residents and looking forward to seeing THE IVY come to life and becoming a place where a new community will enjoy an improved lifestyle.” states Octavian Matache, Commercial Director at Speedwell.


ESG Report 2022