Baltic allure
SGI Baltis, a developer specializing in the construction of high-quality apartments, has purchased a 0.57-ha plot in Słupsk. The plot is directly adjacent to one the firm already owned, bringing the total area of land it has in the city to 1.25 ha. The developer plans to construct two luxury residential complexes which together will offer 200 apartments.
The new plot, which is located at the intersection of ul. Orzeszkowa and ul. Kopernika, will house three five-storey buildings whose ground floors will be designated for retail space. The complex will offer 71 upscale apartments along with underground parking for 90 vehicles. Construction on the as-yet-unnamed project is due to begin in 2009.
The complex on the neighboring plot, Bursztynowe Osiedle, has been under construction since October 2007. This project will offer some 160 apartments.
Both investments benefit from easy access to the city center as well as close proximity to woods and a river. In addition, the city of Słupsk is situated near the Baltic coast, giving the projects an avenue to the seaside.
"The attractiveness of our investments is not only marked by the high quality of the apartments, but also the excellent location. [The plots are] situated close to the city center and right near the road to [the seaside resort of] Ustka," said Grzegorz Kawecki, vice president of SGI Baltis. "Buying a luxury apartment in Słupsk may be a attractive alternative if one considers the high property prices in Ustka. The complexes we are building will be located only 15 kilometers away from the beaches of Ustka," he added.
SGI Baltis, along with Porta Drzwi and Invest Komfort, is part of the Baltis Capital Group. SGI Baltis currently has residential and office projects in eight cities in Poland including Warsaw, Szczecin, Gdańsk, Łód and Poznań. The total value of the these projects amounts to zł.400 million.
Anna Kapica-Harward
