Cavatina buys Widzewska Manufaktura in ?ód?

Cavatina Holding has bought the Widzewska Manufaktura revitalisation project in ?ód? for a reported PLN 400 mln.

The deal for the app. 4 ha site at Pi?sudskiego 135 with its 19th century industrial buildings was concluded on August 31st, with the seller being a company headed and co-founded by Stanis?aw Zar?ba. It was represented in this transaction by Deloitte.

We are very pleased with the purchase of such an unique project as Widzewska Manufaktura in ?ód?. This property, with its historic architecture, is not only a significant design and construction challenge, but we will above all make a conscious and responsible effort to realise its city-forming role. - says. - In the new concept of this place, modern buildings with a real historical chic will be created, thanks to leaving many original elements of the existing architecture. Certainly, the restored complex, which will comprise offices, apartments for rent and retail and service premises at the same time, will attract both tenants and local residents, which is extremely important for the development of the city and the district.

Sebastian ?wistak, the commercialisation director of Cavatina Holding

Construction work on the project, also known as WI-MA, is to start in September and will involve the restoration of the existing buildings of the cotton mill into a multifunctional complex with offices, apartments for rent, retail and services, a restaurant and cultural zone, and open spaces, which include a 100-year-old park with a fountain. ?ód? city council has approved changes to the local spatial development plan for this project.

https://eurobuildcee.com/en/news/30300-cavatina-buys-widzewska-manufaktura-in-lodz