Month: November 2009

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The biggest shopping centers in Katowice

November 29, 2009 Katowice the City 0

The City Center of Katowice had been defending oneself against huge shopping malls, up till now. The next year is going to bring the redevelopment of Railway Station and construction of the new commercial complex at Szewczyka Square. The new building will deliver 71 000 sq. m of a retail and exhibition space together. Can’t be forgotten a potential scheme of the Prime Properties development company which plans to raise a commercial center offering 65 000 sq. m of a useable area at Piotra Skargi Sq., less than 500 m from the Neinver’s multi-function complex.

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Multi-function vehicle is approaching

November 27, 2009 Katowice the City 0

The year 2010 is going to bring to Katowice one of the biggest architectural and urbanisation undertakings in Poland. Undoubtedly, the redevelopment of the Railway Station and Szewczyka Square will implicate an image change of the City Center. Offering area of 52 000 sq. m for retail and 19 000 sq. m for exhibition space, the new complex will also include an underground bus station and a two-storey car park for 1 200 vehicles (33 000 sq. m).

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Regional brand

November 26, 2009 Katowice the City 0

Katowice has changed its game plan for building its image as a favored destination for foreign investment. Instead of going head-to-head with rivals Wrocław, Gdańsk, or Warsaw, the City has pioneered the creation of a regional brand – Upper Silesia – that unites the 14 adjacent cities and re-asserts the region as a powerhouse in Poland.

With a population of 2 million in an area of 1 218 square kilometres, the region boasts the highest population density in Europe.

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Capital structure for 2010

November 24, 2009 Katowice the City 0

The City Hall presented an initial capital structure for 2010. The budget income is estimated for PLN 1 bln 291 million. It is more for about PLN 19 mln in comparison with 2009. A deficit amount is predicted at level of approx. PLN 280 mln. To sustain a reliability for banks and investors, the City plans to save a budget surplus which reach PLN 95 mln (in the record-breaking 2007 it was PLN 290 mln).

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November preparation

November 23, 2009 Katowice the City 0

Reinhold Polska is finishing the construction works of Reinhold Center localised along Korfantego Av. The nearly opening of this two A class office buildings was celebrated last month. The event was attended by the company’s management from Stockholm, including André Rosberg, Vicepresident, and Michel Fatehnia.

A financing for construction of Reinhold Center was secured by a loan from Straumur-Burdaras Investment Bank.