Real estate developer Speedwell launches GLENWOOD Estate, a residential project in Corbeanca (near Bucharest), on the shores of Ostratu Lake, with a total investment value estimated to reach 135 million euros.
GLENWOOD Estate is a villa-compound spanning a total area of 14 hectares, set to grow up to 200 units, spread over 7 housing typologies, starting from 142 sqm and going up to 220 sqm, built on a 322 sqm and up to 557 sqm land, with a private garden, two parking spaces, and / or garage.
“Romania is real-time lesson of development for us. In these 20 years of experience, with each project that we developed we have learned and witnessed how people become ready for a different and complete lifestyle. So, it’s really time for GLENWOOD Estate to take form and that’s why we started with first 15 units to be up for the official launching, because we wanted that people could see and, most importantly, to feel the air of this special development, and the environment that contains it. And we are all very glad that we can participate to the local market with a first residential project designed just in terms of meaningful living, lifestyle that we believe that will expand more and more in Romania, and that’s why is a project so very close to our hearts”, said Didier Balcaen, CEO and Co-founder of Speedwell.
The project is being built in stages, in the pace of its forming community, with a first phase of 50 villas. The first 15 villas will be ready in the autumn of this year, 2026, and the amenities area will be at the center of the community starting with the spring of 2028.
“We designed this development starting from our responsibility towards the environment and future generations, implementing advanced technical solutions for each unit. Our objective is to demonstrate that a premium lifestyle can, at the same time, be a low-emission one. GLENWOOD Estate represents the creation of a high-performance energy-efficient habitat, where the 14 hectares of land are protected through intelligent, environmentally friendly design, meant to highlight the nature inside the compound into the nature itself of Corbeanca”, said Jan Demeyere, Co-founder, Architect and Partner at Speedwell.