We will rebuild you – in time
Feature
“Revitalisation could be successful if it is focused on a long-term return on the investment,” says Michał M Styś, the vice-president of OPG Property Professional
There is no shortage of urban space in need of revitalisation across Europe. Investors and developers have started to see their potential, even though the choice of where to do this is not easy and investment in old walls that are usually under preservation orders requires a well thought-out strategy – and not everyone succeeds
Manufaktura in Łódź, Stary Browar in Poznań, Palladium and Andĕl (Smíchov) in Prague and Corvin Promenade in Budapest – these are just a few examples of the renovations of historic complexes or entire quarters of urban development that could be regarded as quite successful. There have also been some examples of ill-judged projects, but this article is not about pointing out all the mistakes. Revitalisations have been firing up developers’, civil servants’ and urban activists’ enthusiasm for some time now. Over the last few years there seem to have been more and more of such projects and these do not only include individual tenement buildings but entire quarters or even areas the size of districts. The topic is a very interesting one and equally as demanding, and the current economic conditions favour such enterprises. “There is a clear interest among developers in revitalisation projects. Not all of them
Already have an account? Log in
92% of content remaining
Unlock full access to the edition
PLN
EUR
EurobuildCEE magazine
Access to EurobuildCEE edition online & flipbook
Current edition
Annual subscription
You save 23% when paying annually
Monthly on one device. Annual payment
Monthly on one device. Monthly payment
Choose
Access includes
- Access to EurobuildCEE magazine edition online & flipbook version
Most popular
EurobuildCEE magazine & online subscription
Access to all EurobuildCEE materials
Monthly
Annually
You save 17% when paying annually
Monthly on one device. Annual payment
Monthly on one device. Monthly payment
Choose
Access includes
- Access to EurobuildCEE magazine edition online & flipbook version
- Exclusive news, comments, articles and interviews with the most important market representatives and experts
- Archive containing data and information from the commercial real estate and construction market in Poland and the CEE region, collected over 27 years;
- Eurojobs
- Eurobuild FM
