Długi Targ under construction

The Długi Targ project was acquired by Von der Heyden Group in a tender held by Millenium Bank some years ago and is located in the most attractive part in Gdańsk, at the corner of historic Długi Targ boulevard and ul. Mieszczańska, almost opposite the Neptune statute and the Dwór Artusa building. The tender to choose a general contractor was won by locally based company Allcon. Allcon Budownictwo specialises in general contracting under design-and-build type contracts and turn-key projects. Architectonica Michał Skwarło, a local studio has been chosen for the architectual design of the Długi Targ project and the interior design is made by Toya Design from Poznań. The project manger is Probuild. “Our timing at the acquisition was not ideal, just before the financial crisis broke in 2007/2008. We have taken advantage of the delays this imposed and optimised the design, increased the number of rooms and found a strong banking partner in Alior Bank,” said Sven von der Heyden, Von der Heyden Group’s chairman, on the signing the agreement. The hotel will be opened in late summer 2017 and will be managed by IBB Hotel Collection.

The estimated development budget for the project is EUR 11 mln. The project is based on the refurbishment and conversion of three historic semi-detached town houses into a 90-room hotel with a total area of app. 4,500 sqm. “The initial concept of Von der Heyden Group was to create a five-star boutique hotel. However, due to the changing market environment, the initial idea was adapted and a three-star hotel will be created. The building will also have prime retail space on the ground floor,” the developer explains. The characteristics of the external façade will be carefully preserved, while the interiors will feature modern innovations. The building will have five above-ground storeys. On July 1st, 2016 the cornerstone ceremony will take place. “Długi Targ will be the first development project of Von der Heyden Group in Gdańsk and the group is actively observing the local market for further opportunities,” the company has stated.

In Poland, IBBHC operates two four star hotels: IBB Grand Hotel Lublinianka in Lublin and IBB Andersia Hotel in Poznań.