Francuska Park Sp. z o.o., a company had been established to execute a housing scheme on Francuska St., abandoned the project in spite of an advanced level of the preparation phase. The firm does not give a reason for the decision.
“The board of management decided not to continue the investment of Francuska Park. We consider to sell the project and the parcel of land destined for the housing estate, however the board has not yet came to a final decision in this matter” – said Małgorzata Neyman, Sales Director of Francuska Park.
The plot is located in the junction of Francuska and Lotnisko streets in the close proximity of the “3 Stawy” shopping mall. The developer had planned to erect the 31 350 sq. meters housing complex consisting of nine buildings with about 650 apartments. The firm had already chosen a prime contractor of the first stage and works were scheduled to be commenced early spring this year.