Building up Mokotów

BBI Development has announced a new residential development to be constructed in Warsaw's Mokotów district. The Dom na Dolnej project will comprise 49 apartments ranging in size from 34-190 sqm. Most of the dwellings will feature a balcony or loggia, while units located on the ground floor will have private gardens. An underground parking structure will be built and underground storage rooms will be available for tenants.

Dom na Dolnej will be built at the intersection of ul. Dolna, ul. Piaseczyńska and ul. Konduktorska, in between Park Morskie Oko and Park Arkadia, the latter of which hosts the famous KrólikarniaPalace. Prices for apartments start from zł.7,900 per sqm and go up to zł.13,500 per sqm.

BBI Development is planning to commence construction this month. "We hope to complete it and hand it over to tenants before the end of 2009," Marcin Mizgalski of BBI Development told Lokale Immobilia. Financing for this investment was granted by Raiffeisen Bank Polska.

Two other residential projects are in BBI Development's pipeline in Warsaw. The first will be a five-storey building on ul. Kopernika featuring apartments of over 100 sqm. It will rise on a site of the former Skarpa cinema. The other residential scheme will be built on the site of the former Wars cinema in the New Town Square.

BBI Development has plans to develop a residential-office project on the site of the former Koneser distillery in the capital's Praga Północ district and a 90-meter tall office project on the site of a demolished Supersam communist-era supermarket at ul. Puławska 2.