HIpark mixed-use project in IASI (Romania)
Article published in Ziarul Financiar, Ziarul de Iasi and Wall-Street.ro
ROPHARMA announces the launch of a new mixed use project of offices and residential, with a full range of services and retail space, the estimated investment being amount to approximately 39 million EUR.
Ms. Lori COLLIN, the project coordinator together with B23T and Brown & Marinescu Consulting, have created for IASI a project based on the needs of the large office spaces (2670 square meters per floor), updated according to the current and future needs of the tenants, with a residential building with large studios or 2 – 3 rooms (“smart home” type) that combine space “Living” and “Working” with multiple features such as kindergarten, bicycle track, car park for electric ones, cafes and multiple green areas.
The HIpark is a project designed to be truly institutional quality mixed use project, residential, retail-services and office buildings, a development to be recognized as a first mixed-use asset in Iasi, one of the landmark prime assets in Romania. There are two independent structures: the Office Building (GF+ 1 level + 7 floors above ground, GLA 21.200 sq.m) and the Residential Building (GF + 9 floors above ground, 9.500 sq.m).
“We presented to ROPHARMA a personalized project, after the meetings we had in Iasi with multinational companies, that emphasize the importance of time spent at the office of the employee, and the needs of his personal life. We wanted to respect the rules but it comes with a cutting edge in terms of design and technology”, said Lori COLLIN.
The HIpark is located in IASI’ s most dynamic business corridor, near Bucsinescu intersection, next to Sfântu Lazar Street and Tudor Vladimirescu Boulevard, the preferred location for multinational occupiers and international investors between two main commercial areas, next to the University campus and in a highly dense residential area.
“We build because we want to be a model in IASI to show that people can live and work in a friendly, sustainable and modern environment” , Lori COLLIN said. “We want to launch this project in the spring of the 2018, together with all the endorsements and we are looking meanwhile for a co-sponsor, preferably with the role and with knowledge of a real estate developer, to make the joint perfect of ROPHARMA’S strong financial position and the know-how came from a partner as a developer.”
In the last three years, the city of IASI has become a pool of domestic and foreign investments in Outsourcing and IT&C Services, focusing on new working conditions, real estate developments at international standards in office buildings, shopping malls even in the residential segment.
With a current office stock of 235,000 sqm (according to PINMaps), Iasi ranks third after Timisoara and Cluj in terms of real estate development, but only second after Cluj in the top of the more successful cities and the fastest growing IT&C.
The HIpark concept is the first project in Iasi with multiple mixed functions – called mixed use, which has a contemporary approach. We combine efficiency from the office area (over 2.670 square meters per floor), with a modern, smart and green lifestyle.
From the beginning, HIpark was designed for the needs of the city. Both the employee and the tenant, which can also be the same person, will have a pleasant, balanced and modern way of living. Because the needs of the tenant from IASI are not the ones from the past (they want spaces of over 2.000 square meters, with low and controlled consumption, natural light in multifunctional spaces) the architects have been conceived a floor plan with various options, for all types of tenants.
Cycling track goes directly to the ground floor of the building to the special area for parking, lockers and showers. For the fit employees or for the habitants of the residential units we have the first running track that goes to the gym of the building, but from the external area of the first floor to provide a different atmosphere. For those with kids, we have prepared a part of the ground floor as a kindergarten and after school, so parents can be close to their children at all time.
Business restaurants, small coffee places, a bakery, a bank, a pharmacy, a medical clinic, a bicycle store or a dry cleaning make urban life feel easier and balanced. The parking places are prepared for the normal and electric cars, but also for the bicycles.
The modern office buildings are becoming the new software and outsourcing factories – engine for economic development of IASI for the regional community of the metropolitan area of IASI.
ROPHARMA is a pharmaceutical company listed Bucharest Stock Exchange (BVB). The current capitalization of the company is 188 million lei and the consolidated value of the fixed assets is 148 million lei. Consolidated equity as of 30th of June 2017 amounted to 158 million lei. Ropharma has two pharmaceutical production facilities (GMP standards) and food supplements and one production facility of powdered milk. It also holds an important part at a private hospital in Brasov, designated by the World Health Organisation in 2013 as the cleanest hospital in Europe.
Article published also in Outsourcing Today, PINmagazine, Transilvania Business, The Diplomat and Outsourcing Advisors.