i2 Development gets loan to carry out scheme in Wrocław
12:43
Residential and office space developer i2 Development was granted a loan worth PLN 114 million from mBank in order to carry out its flagship scheme dubbed Bulwar Staromiejski, in the city center of Wrocław, the media reported.
Bulwar Staromiejski will feature 14 buildings, including a residential area, which is to encompass 20,000 sqm as well as office, commercial space and elements of urban development. The majority of the buildings will be renovated, not constructed. The loan has been divided into four parts, each of them to carry out different part of the project.
The investment is to be completed in 2018.