Friday, January 9, 2015

Two landmark projects built by OCTAGON, made public debut in 2014

With lots of projects under development and new investments on the pipeline, 2014 was certainly a dynamic year for the office segment. And developers rolled the dice in favor of OCTAGON. The company made the best of the market opportunities and managed last year to deliver two major office buildings, both of them located in Bucharest: Green Court Bucharest – building B and Hermes Business Campus- building B.

How did we do it? It was not easy, but we somehow managed to master extremely tough site conditions, we put in a lot of hard work and used the latest technologies in building processes. Below are highlights from each project.

As green as it gets

What did the real estate giant Skanksa envision when they decided to develop the office complex Green Court Bucharest? Large open office spaces, easy to reach from any area of Bucharest, with lots of green elements, in order to create a healthy comfortable working environment.

Green Court Bucharest - building A


How did this concept translate into design? The project includes three office buildings stretching over 52,000 sqm, built in Bucharest’s office hub, at the crossroads of Barbu Văcărescu Blvd and Pipera Road, within five minutes walk from Aurel Vlaicu metro station. Skanska also thought of making the project as green as possible and thus implemented  “green” solutions, such as glass façade with low heat transfer, natural lighting in over  85% of the working areas, power stations for electric cars charging, bicycle parking areas and facilities such as showers and locker rooms.

OCTAGON was hired to build the infrastructure and superstructure of building A and the superstructure of building B and successfully delivered both projects in 2013 and 2104.

Building A has a GLA of 19,500 sqm, 12 floors and is 91% leased by clients such as Schneider Electric România, Orange România, LS TRAVEL RETAIL Romania. The building was acquired by real estate investor Globalworth Real Estate Investments Ltd for 44 million euro.

Building B has a total GLA of 18.000 mp, 12 floors and 3 underground parking levels, with 315 available parking spaces. The second phase of the project also features sustainable solutions to minimize the impact of the building on the environment and to significantly reduce operational costs.

Modern technologies such as energy efficient double façade, efficient lighting systems, equipped with movement and intensity sensors, were used.

Beating the odds

In 2010 Belgian developer Atenor Group decided to build their first project in Romania, right across Pipera metro station. Building a 78,000 sqm office complex in a moment when the market was on a downward path seamed, at the time, extremely ambitious. Four years later, the first of the three buildings was delivered by OCTAGON and the company is now working on building the second one.

It sure was and still is a challenging project, but so far, it has beaten the odds. Hermes Business Campus started in a moment when the entire real estate market was on a downward path and few companies were thinking of relocating or leasing spaces in large scale office schemes.

Hermes Business Campus- building B

While building the first office unit of the complex, Austrian general contract, Alpine Bau, went bankrupt and OCTAGON, which was Alpine’s subcontractor, took over the project and continued the works.

Building B covers 37,000 sqm, has eight floors above the ground plus technical floor and is fully leased.  The Embassy of Netherlands, Xerox, SNC Lavalin and Synevo IT are among the tenants of the building.

On the western façade photo voltaic cells were installed, thus ensuring 7% of the entire energy consumption for one year.

OCTAGON used 31,000 cm of concrete and 3,600 t of metal fittings for the construction of building B. Three hundred people worked on the construction site and the project was delivered in June 2014.

The office building is currently being BREEAM certified with Excellent rating on-design and post-construction, which represents the best certification a building can obtain in terms of sustainable and green features.

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OCTAGON CONTRACTING & ENGINEERING

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