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Apsys' Łacina plan hits snag

On about 90,000 sqm Apsys wants to build a whole complex including a housing estate, a three-star hotel with 150 rooms, an office building of 10,000 sqm, and a cinema with a capacity of 3,000. Some 65 percent of shops have already been leased. Among the tenants will be Marks & Spencer, Springfield, C&A, and Solar. However, the investment cannot be commenced as long as there is no local spatial plan for Łacina. Apsys representatives claim that there have been ongoing negotiates with the City Hall in Poznań on the form of the plan. Despite the current deadlock, Apsys says it intends to open the center by the end of 2007.

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