A balanced project
The company has just received a ruling on the conditions of development. Construction on the project is scheduled to begin in Q1 2009 and is expected to be completed by the end of 2010.
Designed by the S.A.M.I. Architekci architectural studio, LibraBusinessCenter will be located on Al. Jerozolimskie, one of the capital's main thoroughfares, in the vicinity of the Polish headquarters of Daimler AG, from whom the developer bought the plot. The complex will include 25,000 sqm of office space in its two buildings, one standing eight-storeys and the other nine. The former has already been reserved for Polish Scientific Publishers PWN's new headquarters, while the latter will be offered for lease.
"Thanks to Libra Business Centre, Al. Jerozolimskie will receive over 25,000 sqm of modern office space and become an even more attractive location for tenants who are looking for new offices," said Artur Cieciera, the project's director at Mermaid Properties.
"New office investments, as well as the rapid development of infrastructure, are providing Al. Jerozolimskie with features characteristic of arteries in large European capitals. That effect is difficult to come by in other parts of Warsaw," he added, noting that international companies including Microsoft, Philips and Fuji have already established offices in the neighborhood.
Mermaid Properties' projects include residential and office schemes in Warsaw and Łódź, such as Miodowa 10, River House, Prosta 69, Aleksandria and Cross Point Łódź.
