Orco Property Group Acheives Greenlight for Zlota 44!

Orco's Zlota 44 as seen in the Nightime Landscape.

Orco Property Group is pleased to announce that the Governor of the Mazovian Voivodship has confirmed the validity and effectiveness of the building permit for the Złota 44 apartment project in the center of Warsaw.  As such, Orco may now enter the construction site and resume construction based on this final and effective building permit.  While these unfortunate administrative and legal delays will make it difficult, Orco will do its utmost to complete as much of the project as it can before EURO 2012. 

 “Today’s decision from the Governor confirms what Orco has known all along:  Złota 44 is a meticulously well prepared project that was planned and designed in accordance with all Polish laws and regulations. We are very pleased with this decision because it allows us to resume construction on the site in eight to twelve weeks.   Warsaw will soon be able to showcase a state of the art skyscraper to the entire world,” said Jean-Francois Ott, Orco’s President & CEO. “Of equal importance, this decision allows Orco to finish a unique residential project in Warsaw for the benefit of our customers, shareholders, and stakeholders.  We thank our clients for their patience, understanding and support throughout this period and also thank the Orco team and all of the people in the community who dedicated themselves to helping Orco start this project again,” added Mr. Ott.

Mazovian Governor Jacek Kozłowski acknowledged that Orco had properly obtained its building permit based on absolutely correct documentation and had met all legal and procedural requirements.  As such, the construction of the Złota 44 residential building designed by Daniel Libeskind can be resumed and all arguments raised by the seven person group of protesters have been rejected.  Nevertheless, the protesters’ obstructions stopped construction for several months and have resulted in extensive damages and costs to Orco.

Big apartments do sell!

Good sales news in Warsaw today. A beautiful 120 m2 garden apartment was sold in the popular Klonowa Aleja project. Located in the prime district of Targówek, Klonowa Aleja is a secluded gated community of stylishly designed three-storey buildings. Developed opposite the Park Leśny Bródno (Bródno Woodlands) this is a fabulous quiet area perfect for cycling and family walks. All the amenities indispensable for a comfortable life - schools, kindergartens, a swimming pool, a cinema, restaurants and shops - are within reach. http://www.orco.pl/. Well done Ewa Marcinowska for your great work!

To secure your place in this excellent development call us today to arrange a viewing.

Klonowa Aleja, Warsaw Poland: Progress in the last 10 days!

We'd like to congratulate the Orco Sales Team in Poland today.  In the past ten days they have closed a total of 4 transactions at our popular Klonowa Aleja development with a total revenue income of 2,100,000PLN.







A Brief Description of Klonowa Aleja
Set in a prime location of Targówek, in Św.Wincentego/Malborska Streets, Klonowa Aleja is a secluded modern housing estate of stylishly designed three-storey buildings. It was developed opposite to Park Leśny Bródno (Bródno Woodlands) – a quiet area perfect for cycling and family walks. All the amenities indispensable for a comfortable life - schools, kindergartens, a swimming pool, a cinema, restaurants and shops - are within reach. A few popular shopping centers (Centrum Handlowe Targówek, IKEA, Domoteka, M1) are in close vicinity. Klonowa Aleja lies within the network of the Public City Transport and near Trasa Toruńska, which provides quick access to the centre of Warsaw.


For more information on Klonowa Aleja contact:

Sales point at Klonowa Aleja:Św.Wincentego/ Malborska Str.
Entre - Building I
Tel.: (22) 424 74 70
Fax (22) 435 98 33
Open hours:
Tuesday- Thursday 11.00 - 19.00

Publish Post

Saturday 10.00 - 14.00

Warsaw sales

Congratulations to Alicja and her sales team in Poland for closing 10 new residential deals in June with a value of 6.3 million PLN ( approx 1.53 mil Euro)!Two apartments were sold at Feliz Residence and 8 at Klonowa Aleja.
Sales in Orco projects in Warsaw have been extrememly constant this year following a tough 2009 on the Polish residential market where supply outstripped demand and prices tumbled in certain districts to pre 2007 prices.
To check out our latest offers go to http://www.orco.pl/

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