MGM produces luxury in Łód
MGM Development, the investment arm of the Delta construction company, is building the luxurious Arkady Piotrkowska apartment building in Łód. The property will be located along the city's main street - ul. Piotrkowska - at the intersection of ul. Milionowa, in the vicinity of Reymont Park.
The low-rise building will offer 20 terraced apartments of between 80 and 120 sqm and five penthouse apartments of between 110 and 200 sqm with roof terraces. Commercial space will comprise roughly 1,000 sqm of area within the property. The building will also offer a reception area, a fitness center and sauna facilities. The exterior facade and interiors will be constructed from high-grade materials, including a variety of stone and marble for the walls and floors.
MGM's president, Marek Mirek, believes Arkady Piotrkowska will be the most exclusive building in Łód once it is completed at the end of next year. "Its attractiveness is a product of both the building's location and the building's unique character and design," says Mirek.
Construction on Arkady Piotrkowska is scheduled to begin in Q3 of this year. The developer has already begun construction on its first Arkady development on ul. Karolewska, which it will complete by the end of this year. Arkady Karolewska will offer four storeys of terraced apartments between 35 and 80 sqm and two levels of garage and storage space. The building is situated in a tranquil green area with easy access to the city center.
Łód is seeing a great deal of high-standard residential development as the city's economy grows. The adaptation of the Scheibler textile factory by Opal Property Developments (OPD) is the largest-scale residential project in Łód, spanning several dozen hectares along ul. Piotrkowska. OPD commissioned Cushman&Wakefield to prepare a report about the city's needs, which it will use as the basis for its further plans for developing the landmark property. OPD hopes the revitalized property will invigorate the neighborhood and boost the city's image as an exciting place to live.
