Real estate
21:04 17 June 2020
Post by: WBJ

OKAM to renovate and rebuild Szwedzka in Praga North

OKAM to renovate and rebuild Szwedzka in Praga North
Source: OKAM

A subsidiary of the OKAM Group responsible for the implementation of the Bohema investment - Prague Zone, has completed negotiations lasting several months with the Warsaw City Road Authority on the renovation and reconstruction of ul. Szwedzka.

Comprehensive renovation and reconstruction will cover the entire section bordering the BOHEMA investment area. In total, over 550 m of running street will undergo reconstruction. The works will include replacement and reconstruction of pavements, replacement of street lighting and traffic lights at the intersection of Szwedzka and Strzelecka (at Szwedzka metro station). The street on this section will also receive new signs and changed traffic organization.

The reconstruction of this area of ​​Warsaw's Praga will significantly improve the comfort of using ul. Szwedzka and provide future residents with security and trouble-free access to the investment area.

At any moment, the first residents will be able to move into three buildings completed in stage I of the investment. A total of 303 apartments are waiting for them. OKAM is also preparing to start the implementation of stage II of the residential part, which will include four buildings, including 264 apartments.

 “We hope that our future residents will be able to comfortably and safely move along Szwedzka. As a developer, we strive to start the implementation of the next stage as soon as possible. However, official procedures and obtaining all permits require a lot of time. Negotiations with the City Road Authority that have just been completed, after almost a year, are a huge milestone towards starting the construction of the next stage of Bohema,” Arie Koren CEO, OKAM Capital, said.

(WBJ)


warsaw
okam group
bohema
szwedzka
praga
arie koren

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