Investor 5th Avenue Holding has purchased 2,500 sqm of land on ul. Postępu in the Mokotów district of Warsaw where it plans to build a Holiday Inn Express-branded hotel. Construction work on the seven-story project, which was designed by the AGK architectural studio and will comprise 167 rooms, is scheduled to launch next month and finish in September 2019. The investor is currently in the process of selecting a general contractor for the scheme. 5th Avenue Holding is now also involved in the Holiday Inn Warszawa Mokotów development which is under construction in the same neighborhood. Both brands are owned by the global hospitality company InterContinental Hotels Group.
Image: 5th Avenue Holding