Luxury at risk

Danish developer AsP has bought an office building located on ul. Kaszubska in Bydgoszcz's Bocianów and is now negotiating the acquisition of two old factories neighboring the building. The investor tried to keep the plans secret, but failed, and now appears disgruntled due to the media fuss surrounding the investment.

Bydgoszcz city hall has confirmed the company's plans but is afraid that the Danish investor might pull out.

"We wouldn't like to lose the investment. We are very interested in it because it involves the revitalization of Bydgoszcz's downtown," says Lidia Wilniewczyc, Deputy Mayor of Bydgoszcz.

The new project is in line with city hall's strategy, which favors all projects that revitalize neglected parts of the city. If successful, the Danes' development could be followed by further investments in the city and around the country.

According to the plan, the complex will consist of two parts. Some sections of the existing buildings will be pulled down, while others will be renovated into luxury apartments. The office building, one of the tallest in the area, will also host apartments with a grand view of the city. In the two factories, the investor is planning to locate the first lofts in Bydgoszcz.