The development arm for Poland’s major lender PKO BP, Qualia Development, is preparing to launch a new investment in Warsaw’s CBD which would replace the current premises of its mother company. The project involves the construction of three buildings: a 41-meter tall building on Świętokrzyska street along with two 76-metres high twin office towers. The company said it is currently waiting for the city officials to approve the project’s zoning plan. Part of a proposed deal with the city is that Qualia would provide an underground parking garage for 130 vehicles for public use under public ownership. The investor estimates the garage would contribute millions of złoty annually to the city’s budget.
“We see the investment as a crucial one for the company at the moment and we hope the our cooperation with Warsaw’s city hall will make it possible for us to deliver the project, which will improve the city’s landscape,” says Leszek Piotr Nałęcz, CEO of Qualia Development.
