No offices for Gdańsk
Portico Development, the developer behind the Silver Screen multiplex cinema complexes in Warsaw and Łód and the PKOl Olympic Center in Warsaw, has changed its plan concerning a development on ul. Rajska in Gdańsk. The previous plan to erect an office building has changed and now the developer wants to construct a residential complex. PD is now waiting for a building permit and hopes to receive it in September.
"The change results from the fact that our negotiations with a potential tenant of the office space failed. In my opinion, Gdańsk is not ready for us to successfully sell or lease 30,000 sqm of office space. Apartments are successfully sold in Gdańsk, Kraków or Warsaw so we have chosen that path," says Robert Pawlak from PD.
According to Pawlak, the developer is now negotiating the space and the height of the building. "We would like to provide 30,000 sqm of residential usable space but I am not sure if we will get 15,000 sqm," says Pawlak.
PD plans to develop a quality apartment complex, with a view on Gdańsk's Old Town for the top floor apartments. The price per sqm may reach zł.6,000. Construction work could be launched next spring and last 15 months. The firm plans to invest between zł.40 and zł.80 million on the project.
