A marriage of old and new

ING Real Estate Development has announced plans to launch a high-standard residential project in Gliwice. The move will mark the company's first foray into Silesia's booming residential market.

The residential complex, called Glivia, will feature close to 600 high-standard apartments in 14 four-storey buildings. The investment, which is expected to be delivered in 2011, is valued at over zł.200 million. Sale of units from the first phase of Glivia has begun and is being managed by redNet Property Group.

Construction on the first stage of Glivia is scheduled for this summer and is projected for completion by the end of 2009, although a general contractor has not yet been chosen. The first stage will deliver 295 apartments in six buildings.

The developer is touting the project's unique combination of history and modernity. The four-hectare plot on which the complex will be located hosts several 19th-century buildings and is enclosed by a more than hundred-year-old wall. Although most of the existing buildings will be demolished, a few historical facades will undergo renovation and be incorporated into new buildings. Thus, according to ING, the project will be a rare combination of old and new.

The residential complex will also provide its inhabitants with spacious green areas and playgrounds for children as well small stores, cafes and service outlets.

"Apart from comfortable apartments, we need a place to spend time with our family and neighbors. We want our surroundings to stand out for their high and timeless aesthetics. The answer to these needs is carefully refined architectural design," said Mirosław Bednarek, managing director of ING Real Estate Development.

The architectural design for the project was created by Medusa Group, a Gliwice-based architectural firm with extensive experience in residential development projects in Silesia.