At home in Poznań
SGI Baltis has purchased a one-hectare plot in the center of Poznań. The firm, which specializes in the construction of high-standard apartments, plans to build 230 apartments on the site, totalling around 14,000 sqm of space.
The newly purchased plot is located on ul. Zawady and offers views of the Old Town area and easy access to the city center. According to the firm, the design for the as-yet-unnamed development has not been finalized, but at present it envisions a complex of three five-storey buildings along with green spaces and a playground. The project is being designed by Poznań-based firm Autorska Pracownia Architektoniczna Hanny i Marka Bieńkowskich and is expected to make use of avant-garde architectural solutions and modern materials.
"The choice to locate [the investment] in Poznań was dictated by the dynamic development we've seen on this market. We foresee that this trend will last and that demand for high-quality, comfortable apartment space will remain strong," said Grzegorz Kawecki, vice president of SGI Baltis.
A representative of the firm declined to comment on the cost of the investment, saying that it was too early to discuss details like cost and price-per-sqm. These details are likely to be released in around three months, by which time the firm expects the project's design to be finalized.
SGI Baltis, along with Porta Drzwi and Invest Komfort, is part of the Baltis Capital Group. It is currently realizing 10 projects in eight Polish cities, including Warsaw, Szczecin, Łód, Słupsk, Międzyzdroje, Płock, Gorzów Wielkopolski. The total space of these developments amounts to around 120,000 sqm and their total value is estimated at around zł.800 million.
