HOCHTIEF Polska has signed a contract with J.W. Construction Holding S.A. for completing stage E of the ‘Bliska Wola’ residential complex in the area of Ordona, Kasprzaka and Prymasa Tysiąclecia streets in Warsaw. The net value of the contract amounts to PLN 178 million (approximately EUR 40 million). The HOCHTIEF Polska branch in Warsaw is to start construction works in December 2016, with completion of the works planned for January 2019. The project concerns the construction of two buildings: a residential building and a multifunctional building with hotel suites, flats as well as service facilities, company offices, a restaurant and a fitness centre.

The number of above-ground storeys will vary from 7 to 14 in different parts of the residential building with some lower sections of 5 and 6 storeys. The building will consist of 670 apartments with areas varying from 25 to 160 square metres. Garages will be located on three underground levels and on a part of the ground level. The total useable floor area of the residential building with the garage space will be 59,800 square metres. The second part of the project concerns a building with 12 above-ground storeys and two underground levels. This building will feature hotel suites and apartments. The ground floor will have access to various services, while the first floor will have a restaurant, a fitness club and office space. The total useable floor area of the building with garage space will be about 21,000 square metres.