BC breaks ground

Mostostal Warszawa has signed a EUR 31.7 (zł.124.5) million contract with Bonifraterska Development, a subsidiary of Austrian Immoconsult, to construct a 24-storey, 100-meter high office building on ul. Bonifraterska in Warsaw. The company has just started construction and the project is scheduled for completion in mid-January 2008.

Belvedere Center will be located on a 4,000-sqm plot near the Ibis Hotel and the usable area of the complex will be 27,500 sqm, which will be used for offices. In the lower parts of the building there will be 317 parking spaces on five floors and a small lot in front of the building.

Bonifraterska Development plans to erect a quality building with a restaurant, kiosk, bar, bank and dry cleaner's on the ground floor. According to the plans there will be some 2,500 people working in the complex.

Apart from Belvedere Center, the company is currently the general contractor of the Towarowa Park office complex, which is being developed by Spanish firm Acciona Inmobiliaria.