Occupancy permit granted for the building erected under Stage II of Osiedle Przy Promenadzie

19.10.2009 – The company Warszawa Przy Promenadzie Sp. z o.o. Spółka Komandytowa obtained occupancy permit concerning the housing and service of the building erected under Stage II of the “Osiedle przy Promenadzie” project executed by LC Corp S.A. in Warsaw’s Gocław District.

Within Stage II of the project, 384 flats were built (within Stage I of the project – released for occupancy in March 2008 – 235 flats were built) having a total area of 30 to 115.5 m2, in the building which in its main section (the building parallel to Nowaka-Jeziorańskiego Street, and the four arms reaching deep into the Estate) is a seven-storeyed structure. Fourteen-storeyed towers were erected in the places where the arms connect to the main section.

Stage III is also being carried out under the project – an eleven-storeyed building with housing and service premises (90 flats). The flats are scheduled for occupancy at the beginning of 2011.

An important aspect of the LC Corp S.A. investment project is the fact that during the crisis the project was never stopped (not even a single day), and flats are being made available to buyers two months ahead of the schedules anticipated in contracts, even though the project concerned one of the biggest residential buildings released for occupancy in Warsaw in 2009.