An aura of distinction

Israeli Land Development Company Limited (ILD) has laid the foundations of its first investment in Poland.

The residential complex of Aura Park will be located on a seven-hectare plot on the corner of ul. Klimczaka and ul. Królowej Marysieńki, near the Miasteczko Wilanów (Wilanów Town) business and shopping center.

The value of the investment is estimated at zł.350 million and the project is scheduled for completion in December 2007.

Mill-Yon, which is a subsidiary of ILD, is the developer and PBM Południe is the project's general contractor. The complex has been designed by Tomasz Tomaszewski of FBT Pracownia Architektury i Urbanistyki.

The first stage of the development, currently in progress, will result in 280 apartments of between 42 and 150 sqm. The total usable area will amount to 23,000 sqm. The investor says the prices of apartments will range from zł.5,500 to zł.7,000 per sqm.

The investor intends to preserve the character of Wilanów, so Mill-Yon has planned low-rise, four-storey buildings, surrounded by green space characterized by bridges and playgrounds. According to the investor, the complex will be distinguished by modern architecture and high-quality materials.

Andrzej Wróbel