Last Phase of the of Expo 2000 Office Park Was Completed
Phase 4 of the construction of the Expo 2000 office park is now completed. This was the last planned extension and the most ambitious investment in the office park located on Nikola Vaptsarov blvd in Sofia. The seven-storey building has a total gross leasable area of 13,400 sq.m, of which 12,002 sq.m are first class office areas. The building has 260 underground parking lots in order to keep ground space for greenery and recreation. The LEEDS Gold Certification procedure is under way – a certificate, which the Phase 3 building received in 2015, because of the significant optimization of overhead costs planned in the construction through underground water technology and high efficiency of building systems. Investor Expo 2000 Real Estate Ltd. is part of Raiffeisen Property International GmbH.
The new Phase 4 building is also built as a “green initiative” and claims to be an environment that will pay off in terms of operating costs savings. The building will use heating and cooling pumps to maintain an optimal temperature of the building in a move to reduce electricity consumption. Presence detectors in rooms that are used less such as meeting rooms will provide electricity power consumption only on demand. Automated window contacts will disable heating or cooling in the building when windows are open. The sound and thermal insulation of the building is provided by a modern 3-layer glass facade, which also ensures maximum daylight. All working places have natural light, reducing electricity consumption. The building has LED lighting and the lights in the garages, corridors, toilets and other common areas are activated by presence detectors.
The infrastructure around the Expo 2000 office park has been significantly improved in recent years. The time to travel to the city center, the airport and the ring road has been shortened and the road to Paradise Mall has been repaired. Furthermore, there is also a bicycle path. At the start of Phase 4 in 2015, investors said they already had customers for 25% of the building’s capacity. They expect tenants mainly from international companies and the outsourcing industry.
