Developers Unidevelopment and CPD are to develop a new residential project in the Ursus district of Warsaw, which will be called URSA Park and will offer a total of 385 apartments in two phases. Construction work on the first phase of the scheme (189 housing units) is scheduled to launch by the end of the first half of this year and finish in the final quarter of 2018. In February this year, Unidevelopment and CPD completed their URSA Smart City development, which sits on a plot of land lying adjacent to the URSA Park site. The investment comprises a combined 356 apartments that were developed in two phases. CPD owns tens of hectares of post-industrial land in Ursus, on which new residential and commercial projects are expected to be developed in the coming years.