Dolcan's Osiedle Krakowska

Dolcan, a leading Warsaw-based developer, is preparing a large residential project in Warsaw's Włochy district. Osiedle Krakowska will be developed at the intersection of Al. Krakowska and ul. Instalatorów. The company recently submitted an application for a building permit.

Osiedle Krakowska has been designed by the K2 Architekci architectural studio and envisions a multi-tiered complex of three connected buildings, ranging from six to 10 storeys. It will comprise 362 flats whose size will range from 28 to 105 sqm and 1,915 sqm of commercial space. Around 2,235 sqm of green space as well as a playground and recreation area will occupy the central part of the 7,696-sqm plot. An underground parking lot will provide 404 parking spaces.

Construction of Osiedle Krakowska is planned to start in the first quarter of 2008 and be completed two years later. The sale of the units in the project will begin as soon as Dolcan has obtained the building permit.

"We cannot give the exact prices yet, but they certainly will not differ significantly from the average price of flats for this part of Warsaw," said Aneta Jakowiecka, a sales representative from Dolcan.

According to Jakowiecka, Osiedle Krakowska will be expanded in the future, though she gave no concrete details.

Dolcan has been active as a developer on Warsaw's real estate market since 1991 and has delivered over 2,000 flats, commercial outlets, and infrastructural investments so far. Apart from Osiedle Krakowska, the company is currently working on a number of residential projects in Warsaw, including terraced and semi-detached houses in Warsaw's Zacisze, Białołęka, and Rembertów as well as multi-family projects in Mokotów and Włochy. Adam Zdrodowski