In December last year, katowicethecity.com informed about a building permit had been obtained by Echo Investment S.A. for its office park planned in the junction of Francuska and Górnośląska streets. The company published additional details about this office scheme on Tuesday.
The developer is planning …
Echo Investment S.A. has obtained a building permit for construction of an office complex planned by the developer near the crossroads of Górnośląska (part of the “A4” motorway) and Francuska streets.
“We have obtained two building permits concerning a road system and a first stage of the office project on Francuska Street. Our next step will be to commence proceedings and to appoint a prime contractor.
Echo Investment announced today its investment plans for the nearest five years. The company intends to realize 56 new projects of the value exceeding PLN 5 billion in years 2010-2015. A total area of 13 commercial centers, 16 office buildings, 26 residential projects and a hotel will exceed 1,2 million square meters.
Echo still shows its interest in Katowice and confirmed today plans for a development of an office scheme in the City.
Some remarks about plans of developing an office project in Katowice by Echo Investment S.A. are made from time to time on the real estate market. The company is mentioned together with Hines, Skanska and TriGranit as the investor which is interested in developing in Katowice. The localization was pointing out the junction of Francuska St. and the “A4” highway but certain details were not disclosed yet. Until now, the project was subtly mistified.
Before a designer of Rondo-Rynek will present the area shape and the future look of the City Center will be known, everybody needs to show patience. The design should be finalized not earlier than in the middle of 2010. katowicethecity.com is quoting CIJ Journal which asked some of the developers previously interested in the redevelopment project about their current plans. We can find out that enthusiasm has given way to a wait-and-see attitude connected with the redevelopment design works.
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