Złota 44

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Złota 44
2014-02-21 Libeskind’s Złota 44 in Warsaw.jpg
General information
Status Topped-out
Location Złota 44, Warsaw, Poland
Coordinates 52°13′52″N 21°00′09″E / 52.23111°N 21.00250°E / 52.23111; 21.00250Coordinates: 52°13′52″N 21°00′09″E / 52.23111°N 21.00250°E / 52.23111; 21.00250
Construction started 2008
Completed 2013
Height
Roof 192 m (630 ft)
Technical details
Floor count 52
Design and construction
Architect Daniel Libeskind
Developer Amstar - BBI Development

Złota 44 is a mainly residential skyscraper (192 meters high, 52 storeys) under construction in central Warsaw, Poland. It was designed by the Polish-born American architect Daniel Libeskind in association with Polish architects Artchitecture. Building is currently developed by Amstar and BBI Development. Consortium acquired Złota 44 from Orco Property Group and will finish the project.[1]

Construction began in 2008 following the dismantling of the building that previously occupied the site. Due to the developer's financial problems and problems with permits, construction was put on hold in 2009, but resumed in January 2011.[2] On February 1, 2012 the building was topped out.[3]

The name comes from the building's pre-war address (completely destroyed during the World War II) - Złota ("Golden") Street. Złota 44, located next to the Palace of Culture and Science, is one of the tallest residential buildings in Poland and European Union. A building is also Warsaw's third tallest skyscraper.

In December 2013, Orco fired the general contractor company Inso prior to completion.[4]

As of the end of 2013, the building has been considered a commercial failure. Orco company officially announced that the building has lost at least 0.5 billion PLN of its value. The company went on to announce its intention to sell it. One of the banks terminated its contract and wants the loan refunded (250 million of PLN).[5]

On August 28, 2014 sale was confirmed and building was sold for 63 million EUR (about 260 million PLN).[6]

See also[edit]

References[edit]

  1. ^ "New life for Złota 44". 2014-08-28. Retrieved 2014-10-07. 
  2. ^ "Wznowienie budowy wieżowca Złota 44. Wreszcie!" (in Polish). 2011-01-14. Retrieved 2014-10-07. 
  3. ^ "Złota 44 z wiechą" (in Polish). 2012-02-02. Retrieved 2014-10-07. 
  4. ^ "Kłopot grupy Orco. Co ze "szklanym żaglem" w Warszawie?" (in Polish). 2013-12-16. Retrieved 2014-10-07. 
  5. ^ "Złota 44: Orco ma miesiąc na spłatę 250 mln zł" (in Polish). 2014-04-02. Retrieved 2014-10-07. 
  6. ^ "Developer Orco sells Warsaw project for EUR 63 mln". 2014-08-27. Retrieved 2014-10-07. 

External links[edit]