Financing of the construction of Centrum Praskie Koneser, a mixed-use development based on revitalization and introduction of new functions to the former Warsaw Vodka Distillery, located at Ząbkowska Street, has been secured. The investors of the development, Liebrecht & wooD Group and BBI Development S.A., inform that a loan agreement with Bank Pekao S.A. represents a sum of €89,6 million. The construction of the scheme’s overground will be financed from funds obtained under the loan. The underground works (car parks) completed so far have been financed from the investors’ own equity.
On 25th October at ZŁOTA 44, there was the presentation of the largest residential private area for sports and recreational purposes in Central Europe. Thanks to its 8th floor – offering an area of 1,800 sq. m with, among others, a 25 meter swimming pool, cinema with golf simulator, spa area, and 400 sq. m terrace with a jacuzzi – combined with the highest interior finishing standard, the skyscraper sets a new standard for the luxury property market.
Poland’s first Moxy Hotel will open at Ząbkowska Street in Warsaw in 2017. Investors of Centrum Praskie Koneser – Liebrecht & wooD Group and BBI Development S.A. – signed a franchise agreement with Global Hospitality Licencing. The hotel will offer 141 rooms and occupy 5447 sqm of space in the revitalized 5-storey former still building of Koneser.