Ronson Development has secured a construction permit for the second phase of its Nova Królikarnia residential project in Warsaw. The Warsaw Stock Exchange-listed developer is planning to build 28 apartments in small luxury blocks and 45 apartments in larger tenement buildings. The cost of the investment was not disclosed. The architectural design was prepared by Kuryłowicz & Kuryłowicz, while Mostostal Warszawa named general contractor. Construction of the second phase is scheduled to start by the beginning of August, with completion scheduled for Q4 2018. The first phase of the development, in which Ronson has already sold more than 70 percent of the available units, is expected to be completed in the fourth quarter of this year.
