Money Buzz! Europa

Tag: eurovea

  • JTRE receives EUR 105 million loan for new Eurovea apartments

    JTRE receives EUR 105 million loan for new Eurovea apartments

    VÚB banka and UniCredit Bank have provided a EUR 105 million syndicated loan for the construction of Eurovea’s extended residential part.

    The project will include approximately 500 apartments in Eurovea Tower – Slovakia’s very first skyscraper – and waterfront Eurovea Riverside residences. This loan is one of the highest granted for a Slovak development project in recent years.

    70% of apartments have already been sold

    Launched to market last summer, 70% of Eurovea Tower and Eurovea Riverside apartments have already been sold.

    Construction work broke ground in December 2019, and underground floors are currently being built.

    The Eurovea expansion project also includes two office buildings with 40.000 sqm combined leasable area, 25.000 sqm additional retail space, and 1400-car underground parking.

    A new 25.000 sqm waterfront park will environmentally expand the popular Danube promenade, and a new activity park will revitalise the area below Apollo Bridge.

    Pribinova Street will be transformed into a tree-lined city boulevard. The ribbon should be cut at the enlarged shopping centre in 2022, with the whole project completed in 2023.

  • First Slovak skyscraper’s foundations being concreted

    First Slovak skyscraper’s foundations being concreted

    Contractors began concreting the foundation slab for Eurovea Tower, the first skyscraper in Slovakia. Before concreting began, construction workers attached a 1.880-ton steel concrete reinforcement.

    The thickest reinforcement bars are four centimetres in diameter, 12 meters long, and weigh 120 kilograms. The foundation slab will comprise a three-meter thick, 7.050 cubic meters (cbm) volume of concrete.

    Three concrete mixers and two back-ups are on site, which revolve over 630 times throughout the concreting process.

    Concrete reaches the excavation site via three mobile pumps, which are supplemented by one stand-by pump during technical breaks with one back-up also prepared.

    Forty workers per shift work on the concreting of the skyscraper’s base plate.

    Preparatory work began in March 2019 on the construction site between Eurovea’s first stage and Apollo Bridge, with a 420,000-cubic meter pit 300 metres long, 100 metres wide, and 14 metres deep excavated.

    Construction of the Eurovea 2 project began after the official building permit was issued in December 2019.

    In May, the first 91-meter crane was erected on site to build the shopping centre. A total of 14 cranes will be working on the project, with the tallest ever built in Slovakia.

    How Eurovea extension will look

    Eurovea Tower will be the first skyscraper in Slovakia, with 45 floors, 168 meters high and 389 residences.

    Eurovea 2 will include an extension of the shopping centre – 25.000 sq m of retail space (85.000 sq m with current centre).

    Other buildings on site are Eurovea Riverside – 7 floors, 96 residences, Pribinova X – 18.000 sq m of leasable office space and Pribinova Y – 22.000 sq m of leasable office space.

    The project will include more underground garages – 1.400 parking spaces and the lengthening of the Danube promenade – 25.000 sqm waterfront park, new activity park and playgrounds.

    Completion is expected in 2022-2023.