Getting intimate

Developer Restaura has launched sales in its Kameralna (Intimate) residential project in Warsaw. Located on ul. Kolska in the capital's Wola district, the development will deliver 385 apartments of 37.5-127 sqm, with an average net price per sqm of zł.11,000. Construction on the scheme is expected to start in July, once the developer has selected a general contractor, and the project is scheduled for delivery in Q3 2010.

Design studio Artchitecture worked on the project. The firm is known for its design of the prestigious Holland Park residential development as well as participation in the Złota 44 project. Kameralna's design provides for a complex of seven five-storey buildings that will deliver 25,200 sqm of residential space. The scheme will offer 456 parking spots in several underground parking lots and will feature 24-hour security.

Particular attention has been paid to the design of green areas on the project's 27,000-sqm plot. The developer has decided to develop only one-third of the area, while the rest will host a park and a playground.

"We intend to create a unique residential project whose inhabitants would feel the proximity of the city center and experience tranquility and silence [of the surrounding green areas]," said Paweł Augustyn, managing director of Restaura.

Barcelona-based Restaura was established in 1977 and has since been predominantly active in the renovation segment of the real estate market. The company is present in France, Germany, Portugal, Spain and, since 2005, in Poland, where it has offices in Warsaw and Poznań. Restaura currently owns over 200,000 sqm of land in the country and is now implementing residential projects that will deliver almost 2,400 units to the market.