Gdańsk City Hall will sign a deal on March 31 with the consortium of Belgian Immobel and Polish Multibud to develop the area of Wyspa Spichrzów (Spichrzów Island) in Gdańsk, Puls Biznesu daily reported. The investment is valued at PLN 399 million.
Wyspa Spichrzów is an area of 2 hectares, located in the Gdańsk city center. As much as PLN 33 million of the funds will be committed to develop public utilities such as streets or a footbridge linking the island with the city.
The project is to be completed within 8.5 years after signing the agreement.