Capital Park Group continues to expand its portfolio of regeneration projects. The company is preparing to start construction work on its next development, located in the heart of Szczecin. This project involves revitalisation and conversion of a historic tenement house dating from the late 19th century, and is named Rezydencja Aleja Fontann. A contract has just been signed with the main contractor, KOMA, and financing of PLN 61 million has been secured from Bank Ochrony Środowiska. Construction work will begin in the coming weeks. The project is being designed by the architectural firm DEDECO.

The investment project on Aleja Jana Pawła II in Szczecin involves the comprehensive revitalisation and modernisation of a three-winged, neo-Baroque building. The project will preserve the building's historical character, including the richly decorated façade and grand staircases. Concurrently, the building will undergo adaptations to meet current housing standards. 

The building, which has been restored, has a total usable area of approximately 5,600 sq m. It will house 62 premium-class apartments. Some of them will stand out due to their height exceeding 4 metres. The building was damaged during the Second World War, which resulted in the loss of its original roof. Post-war reconstruction saw it reinstated in a simplified, lowered form. The project involves a contemporary extension that references the original roof proportions and restores its historical height. This will facilitate the functional use of the attic space across two additional residential levels. The building will comprise a total of six storeys above ground. The development will be complemented by a two-storey underground car park, a feature rarely seen in projects of this type. The solutions adopted have been approved by the Municipal Conservator of Monuments in Szczecin. 

"Revitalization projects represent a core aspect of our business operations. The project in Szczecin aligns seamlessly with our strategy of restoring historic properties while incorporating modern functions, a particularly significant undertaking, especially for a structure that has been unused for over two decades. We are delighted that experienced partners have joined us, and – as always – we are also involving local businesses in the project. We have already secured a main contractor and funding, which allows us to move smoothly on to the next stage of the project," says Marcin Juszczyk, Managing Partner and Vice-President of the Capital Park Group.

The project's general contractor, Przedsiębiorstwo Projektowo-Wykonawcze Budownictwa i Instalacji KOMA Sp. z o.o., will take over the construction site in the coming weeks and commence the next phase of the project. Preparatory works and site preparation for the start of construction have been completed to date. The choice of KOMA is based on positive experiences from a previous project. The two companies have already collaborated on the renovation of a tenement house on Szeroka Street in Toruń, which is situated within the Old Town complex. This complex is recognised as a historical monument and is listed on the UNESCO World Heritage List, as well as in the register of monuments as the Old and New Town. As part of this project, the Gothic façade of the tenement house, 16th-century polychromes, the historic staircase and structural elements dating back to the 13th century were, among other things, restored.

Securing stable financing for the project was also a key part of the preparations for the launch of Aleja Fontann Residence. In mid-April 2026, Capital Park Group signed an agreement with Bank Ochrony Środowiska, under which the company was provided with construction funding of PLN 61 million. This is the third transaction between these entities. The bank has previously provided financing for the regeneration of tenement houses on Długa Street in Gdańsk where Hampton by Hilton Old Town Gdańsk hotel was created. In addition, an investment loan was provided for Galeria Zaspa, which is also located in the capital of the Tri-City. The collaboration with Bank Ochrony Środowiska encompasses not only financing the investment but also providing expert assistance in evaluating its environmental impact and energy efficiency. Aleja Fontann Residence project has been included in the bank's portfolio of environmentally friendly transactions, as it meets the criteria for reducing energy consumption and utilising low-carbon heat sources.

The designed solutions will reduce the demand for non-renewable primary energy (EP) by 23,449.95 kWh per year. The EP index for the building, calculated on the basis of the projected performance, is 63.3 kWh/(m²·year), which is below the limit specified in the Regulation of the Minister of Infrastructure on technical conditions (WT). The building will be connected to an efficient district heating system, in which the share of heat from cogeneration in the total amount of heat supplied to the district heating system is 79.1% (2024 data according to SEC). This will result in higher primary energy efficiency and lower unit emissions from heat production.

"When financing investments of this type, we pay particular attention not only to their market attractiveness, but above all to their real environmental impact. In the case Aleja Fontann Residence, we are dealing with a project that combines urban regeneration with improved energy efficiency and the use of low-carbon heat sources. This development aligns with the trend towards sustainable urban development and meets customers' growing expectations regarding the quality and running costs of their homes," says Marta Wysocka, Director of the Gdańsk Business Centre at Bank Ochrony Środowiska.

The solutions implemented will ensure that future residents benefit from a high architectural standard, lower running costs and greater thermal comfort. This will create significant added value for the development in the long term.

The architectural concept of Aleja Fontann Residence has been developed by the Szczecin-based studio DEDECO, while Fort Polska is responsible for the structural design and technical support. Sales of the apartments are scheduled to commence in the second half of May and have been entrusted to Asset Home, which is also based in Szczecin. Construction is scheduled to start within the next month, with completion expected in the final quarter of 2028. Following the regeneration project, the tenement house near Grunwaldzki Square has the potential to become one of the most prestigious buildings in Szczecin. It will serve as an example of successful regeneration, combining architectural heritage with a modern standard of living.

(Media Materials)