BizPoland Magazine - April 2012

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www.bizpoland.pl

Property/Tenants Corner continued from page 8

32000 sm development on postindustrial land near airport JS Invest is planning to build a mixed-use complex, between ul. Łopuszańska and ul. Porcelanowa in Warsaw on an area of more than 32,000 sqm. The project calls for seven buildings with parking facillities, garages and hotels. The decrepit site is currently occupied by a vehicle body shop, warehouses, and a motorbike and boat repair shop. The plots are not included in the local zoning plan. JS Invest is being advised by the Gardocki i Partnerzy Adwokaci i Radcowie Prawni law firm. The regional director for environmental protection in Warsaw has ruled that the environmental impact assessment need not be carried out.

Olsztyn gets upscale apartment development OPB Development will build apartments at ul. Armii Krajowej in Olsztyn, with prices starting at 5200pln/sm. The developer plans more than 150 apartments ranging in size from 38 to 96 sqm. (two to four rooms), eight retail and service units. OPB Development Company was founded in 1989 in Ostroda, and focuses on the areas of Warmia and Mazury.

Bank to build HQ in Gdansk for 80 million pln Gdansk will be the location of Bank BPH’s new headquarters, which it plans to move into in January 2014. The 80 million pln complex will consist of three buildings, and a total of 20,000 sm. “We made a decision on the selection of

the new office, because we’re currently working in five different locations. This new office will allow everyone to congregate in one location”, said BPH’s VP Krzysztof Nowaczewski.

Developer in major Lodz mixed-use revitalization Piotrkowska 96 is the newest project of Verity Development, which will redevelop one of the houses on the most-famous street of Lodz. The project will be a mix of residential, office and commercial. The original design was to be over 1800 square meters of offices and 17 apartments ranging from 40 to 140 sqm. The investor is now moving to sign a new contract with the architect. The historic house will contain retail services on the ground level and first floor, and offices on upper floors. The plan also will have apartments ranging from 56 to 277 sqm. “The investment at 96 Piotrkowska will probably begin next spring”, said Bartłomiej Tomiczek. “Although there was interest in apartments, we decided to add offices to the mix, thereby reducing the risk”, he added. Permission to revitalize the historic building was granted years ago, in December 2008. The house is located on one of the most famous streets in Lodz, once a lively venue day and night, now somewhat impoverished because of its proximity to the modern and popular Manufaktura shopping centre.

Global IT giant opens 2 new offices, plans several more IBM, which this week announced the opening of two regional sales offices in Katowice and Wroclaw, plans further openings in the coming months, according to statements by the

company. “In recognition of the continued importance of the Polish market for IBM and to ensure the highest level of service to our customers and partners, we intend to strengthen our network of branches in many strategic locations. This week we opened a new regional sales offices in Katowice and Wroclaw, and we plan to open similar facilities in other Polish cities in the coming months”, said Marcin Gajdziński of IBM Poland. IBM announced the opening of a regional office in Katowice, which will cover the operating region of Silesia. A day later, IBM announced the commercial launch of a regional office in Wroclaw.

Sports company to invest 100 mln zł in hotels and offices on the Vistula

The Tides company, established by the Warsaw Rowing Association (WTW) and a closed-end fund, within two years plans to develop a hotel and office building and a modern kayaking base at Warsaw’s Wisłostrada, which runs parallel and adjacent to the Wisla river. The complex is to consist of two buildings - the headquarters of WTW and a six-floor office-hotel, to contain 11,000 sm of office space. The estimated cost is 100 million pln. Architectural design work has been done by Kurylowicz & Associates, and DTZ is the leasing agent.

Developer to build new headquarters of the Jewish Theatre - and offices In place of the Jewish Theatre in Warsaw at ul. Grzybowska, a new 80-meter office building will be built, according to Gazeta Wyborcza. The owner of the building, Socio-Cultural Association of Jews in Poland (Towarzystwo Społeczno-Kulturalne Żydów w Polsce) is just after negotiations with the developer, is said to be Ghelamco. The project will be built in two stages so as not to interrupt the work of the theater. Ghelamco will first construct the new headquarters of the Jewish Theatre, and only after that will proceed with implementation of an office building. build a theater seat, which is intended to absorb tens of millions zł.

Ministry in privatization deal, retail development planned

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In the last week of March, the Treasury Ministry signed an agreement with Retail Provider Wrocław for the sale of 85% of coach operator

April 2012


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