Two firms vie for Kołobrzeg

Dutch firm Realvisie and Spain's Euro Terra would both like to transform the 74 hectare site into a luxurious town worth around EUR 130 (zł.520) million for Polish expatriates, who, despite living abroad, would like to own a home in Poland. However, their proposals vary slightly. The Euro Terra scheme envisages building two 20-storey apartment blocks, a complex of expensive villas, and a congress center, with sports infrastructure, a concert hall and a church. The company would also like to build a landing place for helicopters. Realvisie's design does not involve high buildings, but terraced houses. The company would like to adapt hangars into sport halls and create a shopping mall. The project also includes a landing place for helicopters. Both investors are still working on obtaining creditors, while Kołobrzeg city officials are expected to make a final decision within the next few weeks.
(Poland A.M.)