Lofty ambitions

Developer Ghelamco Residential has begun to sell units in a new residential project in Warsaw. Located at the intersection of ul. Woronicza and ul. Racjonalizacji in the capital's Mokotów district, the scheme, called Woronicza Qbik, will comprise apartments featuring loft-style architecture. Construction on the project is expected to start in Q3 2008.

"Woronicza Qbik is an atypical project aimed at people appreciating unconventional architecture, location and modern solutions," said Matylda King, residential sales and business development director at Ghelamco Residential. "We are preserving styles characteristic of typical lofts. Due to the building of the investment from scratch, however, the apartments will be tailored to clients' current needs," she added.

The Woronicza Qbik project, whose design was prepared by the INVI architectural studio, will comprise nearly 370 units - including 132 lofts, 224 apartments as well as two penthouses - varying in size from 36-200 sqm and charactarized by large windows and simple forms in the units' interiors. The height of some of the apartments will reach 5.8 meters. The developer is offering clients delivery of the units in either the shell and core condition or in one of three finishing options. The prices per sqm will range from zł.8,500-15,500 in the case of apartments, from zł.11,000-18,000 for the lofts and from zł.20,000-24,000 for the penthouses.

Woronicza Qbik will also include a two-storey underground parking lot, a fitness club and a restaurant as well as infrastructure allowing for the installation of intelligent systems of building management. The investment will have 24-hour security.

Ghelamco Residential is a brand of Ghelamco Poland, one of the largest developers on the Polish real estate market. Ghelamco Poland has so far been mostly constructing office buildings in Poland, with some of the recent projects including Trinity Park and Marynarska Business Park in Warsaw.