POLAND Hines’s subsidiary Durham is developing the second stage of the Apartamenty Novum estate in Kraków.
Erbud has been chosen as the general contractor for the three buildings in the second stage of the project on ul. Rakowiecka and ul. Wita Stwosza. One will include a student hall with an underground car park and should be completed by May 15th, 2019. The contractor will receive PLN 43 mln net for the work on the student hall and PLN 37.9 mln net for the two other buildings, which will include over 200 apartments and an underground car park. This part of the project should be completed by March 30th, 2019. The project has been designed by Kraków studio IMB Asymetria.