Wednesday, 29 April 2026
Capital Park Group is preparing to start construction on a residential regeneration scheme in Szczecin, following the appointment of a contractor and the securing of financing.
The project, Rezydencja Aleja Fontann, involves the refurbishment and extension of a late 19th-century tenement building located on Aleja Jana Pawła II. The development is being carried out in cooperation with KOMA as general contractor, while financing of PLN 61 million has been provided by Bank Ochrony Środowiska.
Designed by DEDECO, the scheme will restore the building’s historic features, including its façade and internal staircases, while adapting it for residential use. The property, which has been vacant for over two decades, will offer approximately 5,600 sqm of usable space and accommodate 62 apartments.
The project also includes a contemporary extension intended to reinstate the original roof proportions lost during post-war reconstruction. This will allow for the creation of additional residential space within the attic, bringing the building to six storeys above ground. A two-level underground car park is also planned.
“Revitalisation projects represent a core aspect of our business operations,” said Marcin Juszczyk. “The project in Szczecin aligns with our strategy of restoring historic properties while incorporating modern functions.”
According to the developer, preparatory works have been completed and construction is expected to begin in the coming weeks, with completion scheduled for the final quarter of 2028.
The financing agreement with Bank Ochrony Środowiska also includes an assessment of environmental performance. The project is expected to meet current regulatory requirements for energy efficiency and will be connected to the city’s district heating network.
Sales of the apartments are planned to start in the second half of May.
