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Ground broken for Długi Targ

Eurobuild CEE

The ground breaking ceremony for the IBB Hotel Długi Targ in Gdańsk has taken place in the presence of Gdańsk mayor Paweł Adamowicz.

IBB Hotel Długi Targ in Gdańsk is being constructed at ul. Długi Targ 14–16. Investment costs are estimated at EUR 11 mln for the project. The hotel will be ready in the late summer 2017. The developer and investor behind the project is the Długi Targ company owned by the Von der Heyden Group and Adam Trybusz. Probuild is the project manager, while the general contractor is Allcon Budownictwo. Biuro Projektów Architectonica is responsible for the architectural design and Poznań studio Toya Design for the interior design. Alior Bank is providing finance for the project. IBB Hotel Collection will be the hotel operator.

The Długi Targ development project involves the refurbishment and conversion of three historic semi-detached townhouses into a 90-room hotel with a total area of app. 4,500 sqm. The buildings were acquired by Von der Heyden Group in a tender organized by Bank Millennium some years back and are located in the city’s Old Town, almost directly opposite the Neptun’s Statute and the Dwór Artusa Building.

Von der Heyden Group’s initial concept was to create a five-star boutique hotel; however, due to the changing market environment, the concept has been adapted to a three-star hotel will be developed with retail space on the ground floor. Characteristic elements of the external façade will be preserved, however the interiors will be modernised.

Długi Targ is the first development project by Von der Heyden Group in Gdańsk – a market the company is actively monitoring for further opportunities.

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

Source: Eurobuild CEE

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