Imperial shipyard sold to build thousands of apartments
12:03
Develia has signed a preliminary agreement to acquire the former Imperial Shipyard site in Gdańsk for about pln 550 million.
The deal includes 100% of shares in Stocznia Cesarska Development, which controls the site, as well as repayment of the project company’s loans.
The project will be a large mixed-use development featuring at least 3,000 apartments and commercial units. A final building permit has already been granted for the first phase, covering 388 apartments and 31 commercial premises.
