Over EUR 20 M invested for Phase II of urban forest office project
Genesis Property announces the completion of Phase II works for the YUNITY Park project – a premiere in the real estate landscape and one of the most innovative office parks in Romania.
Phase II of the project benefited from an investment of 20 million euros and features an urban forest spanning 1,000 square meters, contributing to the absorption of over 5 tons of CO₂ annually. It includes an open-air amphitheater with a capacity of 1,500 people, 2,000 meters of pedestrian pathways and tiered promenade, cascading water mirrors, creative meeting spaces, fluid architecture, and biophilic design that addresses the human need for integration with nature.
”YUNITY Park marks the beginning of a new era in workspace design. We are not only talking about a traditional office, but rather about creating a new public space, specifically crafted as a sustainable extension of the work environment. We want to rewrite how we work, to challenge the paradigm of work spaces, and YUNITY Park is a model for that future, highlighting ecological responsibility, flexibility in work arrangements, and cost efficiency”, said Liviu Tudor, Genesis Property President.
The compound also comprises a rainwater retention basin allowing for the irrigation of the entire park, intelligent and energy-efficient LED systems for night-time lighting and a network of over 1,000 photovoltaic panels installed on the roofs of campus buildings.
”This park is not just a green space, it is a complex structure, comparable to an investment in two office buildings. Aside from the urban forest, we have also integrated 4,000 square meters of photovoltaic panels, producing more energy than needed for maintaining the green spaces. In the current climate, companies are seeking solutions to reduce costs as well as the surface of rented offices, while also maintaining a high level of productivity and the quality of the spaces. YUNITY Park meets these needs, setting a new standard for the real estate industry,” added Liviu Tudor.
The total investment in the transformation of YUNITY Park will be larger than 50 million EUR, with the final delivery date set for Q3, 2024.
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