237 premium apartments and 22,500 sqm of zero-carbon modern offices to be delivered.
Bucharest, January 22nd , 2026 — At a time when average housing prices in Bucharest have risen by 34% over the past two years and solid investment opportunities have become increasingly rare, SPEEDWELL, one of Romania’s most trusted and active real estate developers, has launched in October 2025 QUEENS District, an iconic development that has already attracted strong interest from buyers. Currently, 40% of the available units in the first two residential buildings have already been sold or reserved, with 70% of purchases made by investors drawn by the project’s significant appreciation potential and competitive rental yields.
Located in the heart of one of Bucharest’s most vibrant neighborhoods, QUEENS District brings together the energy of the capital’s new business center and the tranquility of a green oasis, offering an urban lifestyle and an attractive investment opportunity. Designed as a benchmark project in terms of sustainability, comfort, and long-term returns, QUEENS District offers an integrated concept that combines residential, office, and retail spaces to meet the needs of those who choose to invest in the future. The project also incorporates the principles of public transport-oriented development, prioritizing pedestrian accessibility and access to public transportation at its core.
Construction work began in December 2025 on the first two residential buildings, which will comprise a total of 147 apartments, and on the ultra-energy-efficient, two-winged, 22,500 sqm class A office building. This milestone marks a significant step in advancing Bucharest’s urban regeneration, transforming a key central area into a modern and sustainable neighborhood.
Yannick Van de Parre, CEO SPEEDWELL adds: “QUEENS District is designed for investors who look beyond the present and stands out as one of the most reliable and profitable real estate investments of the moment, being a development that not only preserves its value, but also increases it over time, thanks to the quality of construction, strategic location, and sustainability that translates into low maintenance costs.”
QUEENS District, turn your investment into a sustainable living experience
The mixed-use project is designed as a complete urban ecosystem – a balanced mix of premium living spaces, Class A offices, and commercial facilities -bringing together 237 residential units with 1, 2, 3, and 4 bedrooms, suitable for young professionals, entrepreneurs, and families, all designed with elegance and full functionality. The contemporary design is complemented by premium finishes that can be customized, generous storage spaces, functional layouts, and large windows, while interior comfort is ensured by underfloor heating systems, individual heat pumps for each apartment, and smart temperature control technologies, which help to achieve a considerable reduction in consumption and related costs.
In addition, the project’s location in proximity to the most prestigious business neighborhood, educational institutions, medical centers, and commercial areas reinforces QUEENS District’s status as one of the most attractive residential addresses in the capital. In addition, in the immediate vicinity of the project, the most modern Regina Maria hospital will be developed, adding an extra level of stability for future buyers who are looking to invest in projects that generate long-term value. All this is integrated into a green urban setting, with pedestrian walkways, interior gardens, retail spaces, and carefully designed common areas, offering residents an oasis of tranquility in the middle of the city.
Mădălina Arsene, Sales Director SPEEDWELL, points out: “The premium location, just a 10-minute walk from the Aviatorilor subway station and Promenada Mall, the functional mix, and the quality of execution are elements that guarantee a sure increase in value over time. Whether we are talking about investment or living, QUEENS offers stability, comfort, and real perspectives for a short-term return on investment. In addition, each client benefits from personalized support and advice, so that the purchase decision is an informed, confident one that is aligned with long-term needs.”
Premium amenities and modern office spaces for a well-balanced lifestyle
QUEENS District brings together the modern comfort and the energy of a vibrant community, offering amenities that create a complete lifestyle experience. From chic cafes and restaurants to boutique shops and local services, located in commercial spaces on the entire ground floor of the office and residential buildings, to modern, sustainable working spaces and green, shared outdoor areas, the project creates a dynamic urban environment designed for relaxation and socializing.
Further confirming the project’s investment appeal, 100% of the ground-floor commercial spaces in Building C were sold within less than one week of the sales launch. “This confirms the attractiveness of our project and transforms QUEENS District into a complete destination, where everything is just a few steps away from home,” continues Mădălina Arsene, Sales Director SPEEDWELL, adding: “We take pride in the trust of investors and families who return to us—those who first chose THE IVY, RECORD PARK, or TRIAMA Residence, and now continue their journey with QUEENS District. Their loyalty reaffirms the lasting value of the SPEEDWELL brand and our most important asset: customer trust.”
Zero-carbon office buildings – a symbol of urban sustainability
“QUEENS District reflects a clear vision of the future of work: fewer compromises, stronger intention, and a natural connection between business and everyday life — where performance, wellbeing, and community are designed to reinforce one another. If an office doesn’t help a company attract people, perform better, and adapt faster, then it’s no longer fit for the future. QUEENS District starts from that premise.” emphasized Maria Jianu, Leasing Director SPEEDWELL.
The office component of the project, QUEENS District Office, comprises two 7-floor buildings, with floor areas ranging from 1,150 to 3,100 square meters, and 282 parking spaces, and has already obtained BREEAM Excellent certification for the design phase, confirming SPEEDWELL’s commitment to responsible development.
The building will operate with zero carbon emissions, being powered exclusively by electricity from renewable sources. With a primary energy consumption of only 51 kWh/m²/year – >40% lower than nZEB standards – and integrated ventilation systems and state-of-the-art heat pumps, the building will generate up to 40% lower operating costs for future tenants.
Complementing the office component, QUEENS District also integrates approximately 2,500 sqm of ground-floor retail, carefully curated to support everyday needs and social interaction. Designed to serve a dense and active community within immediate walking distance, the retail area benefits from constant footfall generated by the surrounding offices, residential buildings, and nearby business hubs — creating the right conditions for vibrant, service-oriented businesses to thrive as part of the district’s daily life.
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About SPEEDWELL
Speedwell is one of the most active real estate developers, with a prominent presence both in Bucharest and in other regional cities such as Cluj, Timișoara, Râmnicu Vâlcea and Brașov. The company’s portfolio includes today approximately 160,000 sqm of office and retail space, over 5,500 apartments, and 23,000 sqm of industrial space, with a total project value estimated at approximately 2 billion euros. Since June 2024, Speedwell has expanded its operations in Poland, targeting a development portfolio to match its Romanian one.
For the next period, Speedwell is under development of the mixt-use project QUEENS District, to be delivered in Q1 2027, preparing the CityZen project, currently in the permitting phase, and is advancing construction work on GLENWOOD ESTATE, a new premium villa residential ensemble in Corbeanca , with the first 15 houses due for completion in March 2026, and on 2nd phase design for THE MEADOWS, an exclusive project located on the shore of Grivița Lake, for the new C8 building at THE IVY, and the third and final building of the TRIAMA gated ensemble, which will be delivered to customers in the third quarter of 2026.
In Bucharest, the company has completed the first two phases of the TRIAMA Residence, the first three buildings, of THE IVY residential complex, the first phase of THE MEADOWS, and MIRO, the Class A office building.
In the western part of the country, in Timisoara, Speedwell is developing PALTIM, a mixed-use urban regeneration project next to the Bega River, and preparing to launch the construction works for a new real estate development located on the former 1 IUNIE S.A. textile factory site.
In the industrial & Logistics segment, the company has completed SPACEPLUS West and started groundworks on the SPACEPLUS East development.
In recent years, Speedwell delivered RECORD PARK in Cluj and is currently expanding to Brasov, another important regional city in Romania.
In Poland, SPEEDWELL is delivering in 2026 TRIBERA MOKOTOW WARSAWA — a 655-bed purpose-built and 14-floor student accommodation project designed for energy efficiency and social inclusivity in Warsaw—and is launching +500-unit premium residential development centered on green mobility and community integration in Gdańsk.