Cordia has started the revitalization of the site of the former Modena garment factory in downtown of Poznan, with the ceremonial laying of the cornerstones. The long-closed factory is an iconic site that set the fashion trends for the whole country during the time of the Polish People's Republic. The size and scale of this venture make it far more than a simple residential project. Instead, it is about regenerating an entire neighbourhood in the heart of the city centre. The new estate will blend perfectly into the eclectic tenement neighbourhood, e.g. through the brick-like facades, the distinctive curves of the walls and balconies, and, which is a rarity, the stylish interiors of the common areas, including an elegant, representative lobby.
Cordia's new urban regeneration project is also distinguished by its green space – the new quarter will have more green areas than the undeveloped site has ever had, including a recreation area with benches and hammocks and an internal green patio. In addition, the developer has integrated a number of eco-friendly solutions into the project, including photovoltaic solar panels, green roofs, a retention reservoir, and an automatic irrigation system. They will have a positive impact on the entire neighbourhood.
“This is our first project in Poznan, so I am even more pleased that we have achieved what many before us have failed to do: to ensure that this forgotten but key place for the city's identity is given a second life. For Cordia, this is a dream project, because our group has a lot of experience in the field of urban regeneration. Our portfolio includes, among others, the award-winning Corvin Promenade project, the largest example of a comprehensive renovation of an entire quarter in Central Europe,” said Tomasz Lapinski, Head of Residential Development Poland at Cordia.
“Regenerating large-scale urban spaces and whole districts is in the DNA of both Cordia and Futureal. Building on this experience, we are continuing our work with further revitalization ideas, besides Poland, we have such projects in the pipeline in Hungary and also in the UK. We aim to create sustainable, liveable, green and smart spaces, with exceptional services,” said Tibor Foldi, Chairman of the Board at Cordia International.
The Modena estate will be built in four stages, the last of which will be completed by 2028.