Capital Park has concluded a preliminary agreement for the purchase of two land plots in Gdańsk with a total area of 1.3 hectares at the mouth of the Motława River to the Martwa Wisła, on the so-called Polish Hook (‘Polski Hak’). The investor is planning a residential development there with retail and services functions, as well as representative recreational space, available to all residents of Gdańsk and tourists visiting the city.
“We see enormous potential in this fantastically located part of Gdańsk. We are convinced that a well-thought-out, quality investment in this area will make it another prominent sight of Gdańsk. As an investor, we are looking for places with an attractive location, but also with a unique atmosphere, as in the case of the Norblin Factory in Warsaw’s Wola, which we revitalized. Here, on the Polish Hook, you can feel the spirit of history as well as an intimate, cozy atmosphere, though we are in the very heart of the city,” said Marcin Juszczyk, member of the Management Board of the Capital Park Group. “We are only at the beginning of this journey, we have a preparatory stage ahead of us, in which we must obtain all the necessary permits to finalize the transaction and develop an architectural concept.”
The plots are located in the port area, therefore, to finalize the acquisition, arrangements with the competent authorities are necessary, on the basis of which the final consent will be issued by the Minister of Maritime Economy and Inland Navigation.
The so-called Polish Hook is an area with a rich history—in the 16th century, it was a kind of the city’s water tollbooth and was mainly occupied by fishermen, who had their settlement there. The name ‘Polski Hak’ (Polish Hook) derives from the Low German language, as ‘Hake’ meant a cape or a shoal. In the mid-19th century, the area was taken over by Julius Klawitter, who began to expand the Klawitter Shipyard, located there since 1827, and at the beginning of the 20th century, the entire shipyard production was moved there.
In the interwar period and the Free City of Gdańsk, this area was also the harbour of the Polish Rowing Club in Gdańsk. After World War II, Fishery Production Plant Gdańsk (‘Zakłady Rybne Gdańsk’) and the base of the ‘Jedność Rybacka’ Fishing Cooperative were opened here. The production plant’s buildings were recently demolished and now the area of the Polish Hook was empty. However, it is slowly filling up with new housing estates and is systematically revitalized by the municipal authorities and water areas managers. Due to the poor technical condition of the wharf at the Polish Hook and investors’ great interest in this area, its major renovation was launched last year. The Maritime Office in Gdynia is in charge of the renovation, and Budimex is the general contractor.
Works are set to be completed at the beginning of 2021.
