Construction of Zielone Bemowo in Warsaw is underway
The commencement of construction works is planned for December 2017, and the completion – for the first quarter of 2019.
Fundamental Group won the tender for the construction of the first stage of Zielone Bemowo residential project in Lazurowa Street in Warsaw for the Polish branch of the Hungarian residential developer Cordia. The investment is financed by Bank Zachodni WBK.
“Our first residential investment in Warsaw will be realised together with Fundamental Group. I am glad that we were able to acquire for our general contractor, a company with such a strong and well-established position on the market. It is a proven and reliable partner for residential developers that has many modern, high-standard residential real estate complexes in its portfolio. I am absolutely certain that our cooperation will be fruitful for future tenants of Zielone Bemowo”, says Michał Melaniuk, Managing Director at Cordia Poland.
The first stage of the Zielone Bemowo estate consists of three multi-family buildings. In total, there will be 112 apartments – 38 to 120 sqm large – and 8 retail and service premises on the ground floor of the buildings. Between the buildings, there will be an outdoor gym and a children’s playground. Underground parking space for tenants will also be available. Moreover, the project is located next to the Lazurowa metro station, currently under construction, as well as the strategic communication hub at Radio Wolna Europa roundabout.
Cordia is part of the international Futureal Group, a leader on the residential real estate market in Central and Eastern Europe. Currently, Cordia has three large investments on different stages of development in Poland – two in Kraków and Zielone Bemowo in Warsaw.
Source: Cordia Poland/On Board PR Ecco Network