Optim Project Management is delivering project management, cost management and design management services on Palladyo, an nZEB residential development on Theodor Pallady Boulevard in east Bucharest. Developed by Mulberry, the scheme has recently completed its structural works and is scheduled for completion in the second quarter of 2027.
Palladyo has a gross built area of 18,306.40 sqm. Two basement levels and the ground floor are shared beneath both buildings, above which the development rises as two separate structures: one with ten upper floors (P+9E+10E duplex) and a second with twelve upper floors (P+11E+12E duplex).
Built to a nZEB standard, Palladyo is designed for lower energy consumption and more predictable running costs than a conventional development. The scheme will feature an air-to-water heat pump, together with underfloor heating individually metred for each apartment.
“Our role on Palladyo goes beyond managing programme and cost. We are working closely with the Client and the wider project team to align design, construction and commercial decisions around a clear objective: delivering a high-quality residential product with long-term value. Palladyo reflects the continued evolution of Bucharest’s residential market, where energy performance, quality and the overall living experience are becoming increasingly important,” said Radu Ilie, Project Manager, Optim Project Management.
The development sits on Theodor Pallady Boulevard, a corridor in eastern Bucharest that has become one of the area's key residential locations in recent years, with good access to public transport, retail and green space. Palladyo is around a seven-minute walk from the 1 Decembrie 1918 metro station and close to IKEA Pallady, Auchan Titan and ParkLake Shopping Center.
About Optim Project Management
Optim Project Management is a Bucharest-based design and project management company with 17 years of experience across Romania and Southeast Europe. Its services span general design and permitting, project management, general contracting, technical due diligence and independent project monitoring, for clients across factories, logistics, residential, office, retail, healthcare, hospitality and reconversion assets.
