News Article Capital Park development Gdansk Poland residential
by Property Forum | Residential

Polish developer Capital Park has concluded a preliminary agreement for the purchase of two plots in Gdańsk with a total area of 1.3 ha on the Polski Hak part of Gdańsk’s port area. At the site, Capital Park is planning a residential development with retail and services functions, as well as public recreational space. The seller and the transaction price have not been disclosed.

Polski Hak was the location of the 19th century Klawitter Shipyard, the Gdańsk Polish Rowing Club and after World War II, the Zakłady Rybne Gdańsk fisheries plant and the Jedność Rybacka fishing cooperative. The old industrial buildings were recently demolished and the area is currently undergoing gradual revitalisation by the city authorities and water area managers. The renovation of the rundown wharf was launched last year with Budimex as the general contractor. This work is scheduled for completion in early 2021.