Strengthened presence

Office and residential developer Grupa Buma has launched construction on its Quattro Business Park office project in Kraków. Designed by the renowned APA Kuryłowicz & Associates architectural studio and comprising 48,000 sqm of leasable office space, the complex is one of the largest currently under-construction office projects in southern Poland.

"We have been realizing development projects in Kraków and outside it for 17 years now. I am convinced that QuattroBusinessPark will change the face of business in the city," said Piotr Michalski, a representative of Grupa Buma.

Located on Kraków's Al. Gen. Bora Komorowskiego near the Polsad roundabout, QuattroBusinessPark will, according to the developer, guarantee its tenants easy access to the city's center and ring road as well as to the Balice airport. The project will consist of four 14-storey buildings, each of which will house 12,000 sqm of class-A office space. The scheme will also accommodate restaurants and medical clinics as well as a conference center for 200 people and will feature 24-hour security. The parking lots will provide 1,100 parking spaces.

Construction of the QPB complex will be realized in four stages. Completion of the first building in the scheme is scheduled for December 2009, while the whole investment is expected to be delivered in 2012. The construction work will be conducted by one of Grupa Buma's companies.

Grupa Buma has been active in the Polish real estate market since 1991. The company has so far completed over 1,700 residential units, 270 single-family houses as well as over 55,000 sqm of leasable office space with the majority of its projects being located in Kraków. Among the developer's office projects in the city are Buma Square Business Park and Rondo Business Park.