Griffin to develop big scheme in Łódź

Griffin property developer is going to revitalize a weaving plant in Łódź and build five buildings in its surroundings, to eventually offer 100,000 sqm of GLA for office, housing and commercial purposes, propertynews.pl reported. Karol Scheibler weaving plant is located on Tymienieckiego street, Griffin bought the 7 ha area of land last year. As many as 60,000 sqm will be earmarked for office space, the rest is for apartments and retail units. Griffin stressed that is is not planning to carry out another shopping center in Łódź and the new project is to be a sort of "city in the city."