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Old March 13th, 2012, 05:52 PM   #1
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WARSAW | ArtNorblin (Norblin factory redevelopment)

Preparatory work is proceeding on Capital Park’s major planned investment in Warsaw. The company’s ArtNorblin project in the Wola district has already received a planning decision from the City Hall, and the developer wants to apply for a building permit by the end of this year.

The investment will be built on a plot that formerly housed the Norblin factory. It aims to both revitalize the post-industrial area by renovating the plant’s buildings and machinery and develop modern structures with commercial space.

Work is still underway on devising a conservation program for the historical buildings that are located on the land. “Construction is scheduled to start in 2013 and finish in 2015,” said Kinga Nowakowska, head of asset management, sales and marketing at Capital Park.

ArtNorblin will comprise a total of over 61,000 sqm of space, including approximately 22,000 sqm of retail-service and cultural space and 39,000 sqm of office space. The investment will include a museum dedicated to the history of the Norblin factory.

According to Ms Nowakowska, the development is the most difficult investment in the history of her firm. She said that challenges included conservation issues, complex construction solutions, the combination of several functions in one project and integration of the scheme with the city.

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