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News and Events at River Park

River Park’s construction in September

River Park’s construction in September

Take a look at the latest photos from construction site.

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River Park’s construction during the summer

River Park’s construction during the summer

The construction of the 110 houses in Phase 1 is progressing at an impressive pace even during the summer. A number of them are already nearing the advanced stages of completion and will soon have fully finished facades. The rest are also progressing rapidly, as can be seen from the latest photos from the construction site.

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1 year after the Groundbreaking ceremony

1 year after the Groundbreaking ceremony

One year since the groundbreaking ceremony of the largest housing project in Sofia!
Phase 1 ends at the end of 2022 and 110 families will have their dream home in River Park.

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Ori Niv: River Park is the best project I could have dreamed of

Ori Niv: River Park is the best project I could have dreamed of

Ori Niv has over 20 years of professional experience in the field of real estate in Bulgaria and is one of the pioneers in the construction of residential complexes in Sofia. His latest project is the River Park complex, located at the foot of Vitosha Mountain, 15 minutes away from the city center. In Bloomberg Businessweek's latest issue, Mr. Ori Niv talks about the progress of construction over the past year.

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47 houses in River Park now have Act 14 certification

47 houses in River Park now have Act 14 certification

Less than a year after the groundbreaking ceremony, construction has started on of all houses of the first phase

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Ori Niv: Over 60% of the houses in River Park have been sold

Ori Niv: Over 60% of the houses in River Park have been sold

This project’s main value is the quality of life in it once construction is completed, says the investor

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47 houses in River Park with Act 14

47 houses in River Park with Act 14

47 of the houses in the River Park have already received Act 14, and 16 more will receive it soon.

Act 14 is a step for control of construction activities, certifying the acceptance of the construction of the building. It allows to start procedures for issuing Act 15 and Act 16.

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The River Park Sales team: “Construction is progressing at an impressive pace”

The River Park Sales team: “Construction is progressing at an impressive pace”

In our first conversation, Desi and Galya from the River Park Sales Team shared details about the concept of the residential complex and what type of buyers would appreciate it. Today they tell us more about the progress in construction, property maintenance and which types of houses are the most sought-after.

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What makes River Park stand out? Our sales team shares their thoughts

What makes River Park stand out? Our sales team shares their thoughts

Desislava Lyubenova and Galina Vasileva launched their consulting company ProjectOne in 2018. Their focus is on the housing market, for which they provide comprehensive consulting and brokerage services for residential housing investments. Shortly after founding the company, they met River Park investor Mr. Ori Niv, and the opportunity to participate in the creation of the project appealed to them.
We met with Desi and Galya to find out everything about the project River Park.

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River Park’s construction in May

River Park’s construction in May

The progress of the construction is remarkable, and the construction site is getting closer to the desired vision of the complex. 73 of the houses are finished up to the roof. 13 of the houses have reached the second floor, and 13 are up to the first.

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River Park’s construction in April

River Park’s construction in April

As spring progresses, the construction of River Park continues to reach new milestones. At this point, 62 out of all 110 houses in Phase 1 have been completed up to their roof. 24 others are nearing the completion of their second floors, and 2 of the houses have walls on the first floor.

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River Park provides a completely new environment that is one with nature

River Park provides a completely new environment that is one with nature

What sets River Park apart from other residential complexes in terms of Landscape Architecture? How does the complex fit into the initial landscape plan of Sofia? We talked again with landscape arch. Dobromira Lulcheva to find answers of these questions. Together with her team at Landscape Design Studio she has created the distinguished concept of River Park by integrating homes and nature together.

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Landscape arch. Dobromira Lulcheva: The idea behind River Park is for people and nature to live together

Landscape arch. Dobromira Lulcheva: The idea behind River Park is for people and nature to live together

Landscape architect Dobromira Lulcheva is one of the founders of Landscape Design Studio, established in 2016 with a vision to create spaces that bring forth a natural feel. As a landscape architect, she believes that the most important thing is to create with a sense of aesthetics, sustainability and balance in the environment, in which she works. The idea to work in harmony with nature is even woven into the studio’s motto – “sense of nature”.

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River Park’s construction in February

River Park’s construction in February

Mid-February marks 7 months since the start of construction of River Park’s Phase 1. Up until now with completed wooden roof structure are 31 of the houses. 23 others are nearing the completion of their second floors, and 18 of the houses have walls on the first floor. The foundations of the remaining houses will be executed following the winter period.
Don't miss the latest photos from construction site here.

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Ivo Petrov – Architects: We designed the houses in River Park to be homes, not just buildings

Ivo Petrov – Architects: We designed the houses in River Park to be homes, not just buildings

River Park is one of the major projects in Ivo Petrov - Architects's portfolio, with a team of over 10 experts working on its creation. Their work started in 2018 with the concept development and preparation of a number of creative proposals by arch. Denitsa Drumeva and Daniela Angelova. Arch. Angel Hristov joined in during the technical and detailed design phase. In this exclusive interview they share interesting facts about the residential complex and its most important benefits.

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14 houses in River Park have been completed up to the roof

14 houses in River Park have been completed up to the roof

6 months after the official groundbreaking ceremony, the construction of River Park’s Phase 1 is going at an excellent pace. 14 of the houses in River Park have been completed up to the roof, and 37 others are nearing the completion of their second floors. 12 of the houses have foundations and walls on the first floor. The foundations of the remaining 27 houses will be laid during the upcoming two months.

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Progress in the construction of River Park

Progress in the construction of River Park

The construction of River Park is proceeding at a rapid pace. By the end of the year, 87 of the houses will be under construction, 14 of which will have been built up to their roofs. The construction of the complex is planned to continue for about 5 years. The first phase includes 110 houses and is expected to be completed in 2022.

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70 houses from the first phase of River Park are already under construction

70 houses from the first phase of River Park are already under construction

In less than 5 months since the Groundbreaking ceremony in July, the construction of 70 houses has already started. This is more than 60% of all planned for the first stage of River Park. The construction is in different stages for each house - by some of them the foundations have been dug, while in others the second floor has already been reached. The work on the site is progressing at an impressive pace.

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River Park donates Paintings by some of the best Graffiti Artists to Schools and Kindergartens in Sofia

River Park donates Paintings by some of the best Graffiti Artists to Schools and Kindergartens in Sofia

The artworks from the exhibition “Window to Childhood”, created by some of the best Bulgarian graffiti artists - Nasimo, Sve, Esteo, Arsek & Erase, were donated by River Park to a number of schools in Sofia. The company’s aim was to contribute in bringing positive emotions to children and teachers during the challenging school year ahead.

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The RIVER PARK residential complex, with an investment of over BGN 160 million, launches construction

The RIVER PARK residential complex, with an investment of over BGN 160 million, launches construction

The symbolic groundbreaking ceremony marked the start of the implementation of the largest residential project in Sofia - River Park.

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Kalistratov Group chosen to build the RIVER PARK residential complex

Kalistratov Group chosen to build the RIVER PARK residential complex

Real Estate Developments selected Kalistratov Group for the construction of the largest residential project in Sofia - River Park. Kalistratov Group’s expertise, experience and high-quality team won the trust of the investor for the realization of complex, following the procedure for selection of a contractor.

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UniCredit Bulbank Will Fund the Construction of RIVER PARK Residential Complex

UniCredit Bulbank Will Fund the Construction of RIVER PARK Residential Complex

UniCredit Bulbank is the financial institution, which will support Real Estate Developments for the construction of River Park residential complex. This is one of the most large-scale projects in Sofia and it will offer two-storey houses, each with its own backyard.

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Тhe new River Park office opened its doors for the first time!

Тhe new River Park office opened its doors for the first time!

In March, the new River Park office opened its doors for the first time. This brand new venue is where our team will welcome everyone who would like to learn more about the project and take the next step with us toward purchasing their new home.

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RIVER PARK - A place for priceless moments

RIVER PARK - A place for priceless moments

At the foot of the Vitosha mountain, situated on an area of 215,000 sq. m. and in close proximity to the first stop of the lift from Simeonovo to Aleko we find the plot of land on which the River Park complex is scheduled to be built.

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River Park: Welcome Home

River Park: Welcome Home

The River Park residential complex has become synonymous with high quality and innovation, a notion that has been proven once again through its latest structural addition. River Park Project Manager Hadar Shamay led the initiative to transform a group of disused construction containers into a flexible living environment, containing several work areas, a kitchen, a spacious living room, a children’s corner, garden and relaxation area.

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The National Art Gallery in Sofia is set to present its first ever Graffiti Exhibition, with the special support and backing of River Park

The National Art Gallery in Sofia is set to present its first ever Graffiti Exhibition, with the special support and backing of River Park

The art director and curator of the creative initiative is one of the most popular graffiti artists - Nasimo. His urban graffiti work is renown not only in Bulgaria, but also in Canada, the United Kingdom, Germany, Austria, Italy, Belgium, Portugal, Poland, the Czech Republic, Romania, Serbia, Greece, Kosovo, Turkey, India, China, and Russia.

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Investor Digest: Sofia is still underpriced compared to other big cities

Investor Digest: Sofia is still underpriced compared to other big cities

Investor Digest: Sofia is still underpriced compared to other big cities

The interview with Ori Niv, Real Estates Development CEO

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Forbes: Four ladies and one project

Forbes: Four ladies and one project

The idea behind the River Park complex brings together four women from the business. The purpose of the project - to bring nature back into everyday life without depriving the city of its facilities - cuts across their professional paths.

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Tsvetan Petrov on ImoTiTE: What is Smart Planning for the River Park Complex?

Tsvetan Petrov on ImoTiTE: What is Smart Planning for the River Park Complex?

"River Park will distinguish itself by its planning, social environment and maintenance, "revealed the manager of Ivo Petrov Architects

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Why does investing in quality real estate always make sense?

Why does investing in quality real estate always make sense?

Modern residential complexes offer a whole new way of life to their residents

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Bloomberg TV Bulgaria: "Closed Complexes in the Suburbs of Towns Give New Alternatives," noted the CEO of Real Estate Developments

Bloomberg TV Bulgaria: "Closed Complexes in the Suburbs of Towns Give New Alternatives," noted the CEO of Real Estate Developments

"Often, residents of urban areas suffer from poor infrastructure, polluted air, etc.," said Ori Niv

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"Sofia needs quality housing with the surrounding environment in mind," Ori Niv commented

"Sofia needs quality housing with the surrounding environment in mind," Ori Niv commented

Careful research and design is the formula for success in residential construction, the investor believes

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Capital: "River Park - a new generation residential complex"

Capital: "River Park - a new generation residential complex"

Its purpose is to bring nature back into everyday life without depriving it of the amenities of the big city.

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Ori Niv at Bloomberg TV: "110 houses to be built in phase one of River Park's construction"

Ori Niv at Bloomberg TV: "110 houses to be built in phase one of River Park's construction"

"Our goal is to attract Bulgarians and people who will live in the complex as buyers and not just investors who will not use the residences most of the time," Ori Niv said.

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Nasimo in an interview with Investor.bg: "Graffiti has a place in the urban environment"

Nasimo in an interview with Investor.bg: "Graffiti has a place in the urban environment"

Graffiti tours are already being organized for tourists in Sofia, comments one of the most famous graffiti artists in Bulgaria.

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ART Graffiti Brunch by River Park

ART Graffiti Brunch by River Park

The River Park team initiated one of the most massive art demonstrations done in recent years in Bulgaria. The project was inspired by the boundless creativity of a child's imagination.
On the 28th & 29th September 2019, Nasimo, Sve, Esteo, Arsek & Erase demonstrated their immense talent live, for all the visitors of the Amphitheater arena in Ring Mall, Sofia.

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Ori Niv to Investor.bg: "The leitmotif of our new project is" living in nature"

Ori Niv to Investor.bg: "The leitmotif of our new project is" living in nature"

"The River Park location is a gift to any real estate developer - a vast green space and a river on its eastern border and thanks to the slope, it offers great views of the city to the north and Vitosha to the south."

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#TheGoodNeighbor

#TheGoodNeighbor

10 September 2019 marked the start of our good deed initiative - #TheGoodNeighbour. The River Park team set up a special booth in Business Park Sofia and conducted a survey on the best qualities of a Neighbor.

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