Capital Park Group continues to expand its portfolio of regeneration projects. The company is preparing to start construction work on its next development, located in the heart of Szczecin. This project involves the revitalisation and conversion of a historic tenement house dating from the late 19th century, and is named Rezydencja Aleja Fontann. A contract has just been signed with the main contractor, KOMA, and financing of PLN 61 million has been secured from Bank Ochrony Środowiska. Construction work will begin in the coming weeks. The project is being designed by the architectural firm DEDECO.
The investment project on Aleja Jana Pawła II in Szczecin involves the comprehensive revitalisation and modernisation of a three-winged, neo-Baroque building. The project will preserve the building’s historical character, including the richly decorated façade and grand staircases. Concurrently, the building will undergo adaptations to meet current housing standards.
“Revitalisation projects represent a core aspect of our business operations. The project in Szczecin aligns seamlessly with our strategy of restoring historic properties while incorporating modern functions, a particularly significant undertaking, especially for a structure that has been unused for over two decades. We are delighted that experienced partners have joined us, and – as always – we are also involving local businesses in the project. We have already secured a main contractor and funding, which allows us to move smoothly on to the next stage of the project,” says Marcin Juszczyk, Managing Partner and Vice-President of the Capital Park Group.
Securing stable financing for the project was also a key part of the preparations for the launch of Aleja Fontann Residence. In mid-April 2026, Capital Park Group signed an agreement with Bank Ochrony Środowiska, under which the company was provided with construction funding of PLN 61 million.
“When financing investments of this type, we pay particular attention not only to their market attractiveness, but above all to their real environmental impact. In the case of Aleja Fontann Residence, we are dealing with a project that combines urban regeneration with improved energy efficiency and the use of low-carbon heat sources. This development aligns with the trend towards sustainable urban development and meets customers’ growing expectations regarding the quality and running costs of their homes,” says Marta Wysocka, Director of the Gdańsk Business Centre at Bank Ochrony Środowiska.
Construction is scheduled to start within the next month, with completion expected in the final quarter of 2028.
