The Hevelia project will consist of six four-storey buildings Courtesy of Made in PR

Construction on a new multifamily residential project called Hevelia is scheduled to launch in Poznań, Wielkopolskie voivodship, in the third quarter of this year. The scheme will be a joint investment of Warsaw-based Unidevelopment and a local developer called Monday Development.

“The Hevelia estate is our first investment in Poznań, this is why we are developing it together with Monday Development which knows the nature of the [local] market very well,” Zbigniew Gościcki, president of the management board of Unidevelopment, said in a statement.

“The construction of multifamily estates in other Polish cities gives our company a chance to develop so we are not ruling out the launching of more investments outside Warsaw,” Mr Gościcki added.

Sitting on 12,500 sqm of land located at the intersection of Poznań’s ul. Heweliusza and ul. Palacza, the Hevelia project will consist of six four-storey buildings comprising a total of 174 apartments. The units, which are scheduled to be completed in Q4 2013, are priced from zł.6,300 per sqm.

Fully owned by Warsaw Stock Exchange-listed construction company Unibep, Unidevelopment is currently involved in residential projects in Warsaw including Point House in Mokotów and Lykke in Białołęka.