Skanska invests in sustainable Awangarda Mogilska residential project to bring 500 new apartments to Kraków

Skanska invests in sustainable Awangarda Mogilska residential project to bring 500 new apartments to Kraków

(IN BRIEF) Skanska is investing PLN 241 million (SEK 630 million) in the first stage of the Awangarda Mogilska residential complex in Kraków, Poland. The development’s opening phase includes 278 apartments and six commercial units, with construction starting in August 2025 and completion set for March 2028. The project emphasizes sustainability, featuring photovoltaic panels, a rooftop solar plant, heat recovery systems, anti-smog ventilation, and smart home solutions. Ultimately, the full project will span three phases and deliver approximately 500 apartments, reinforcing Skanska’s commitment to sustainable urban living.

(PRESS RELEASE) STOCKHOLM, 29-Aug-2025 — /EuropaWire/ — Skanska has announced a significant investment in Kraków with the launch of Awangarda Mogilska, a new residential development designed to blend modern urban living with sustainable technologies. The company will invest PLN 241 million (approximately SEK 630 million) in the first stage of the project, with a construction contract valued at PLN 143 million (about SEK 380 million), which will be recorded in Skanska’s European order bookings for the third quarter of 2025.

The first phase of Awangarda Mogilska will include a residential building featuring 278 apartments of varying sizes, complemented by six ground-floor commercial units. Located near Kraków’s Main Square and Central Railway Station, the project is positioned to provide residents with convenient access to the city’s cultural and transportation hubs while maintaining an emphasis on comfort and environmental responsibility.

Sustainability is at the heart of the development. The design incorporates photovoltaic panels and a heat recovery system powered by a heat pump to provide hot water efficiently. A rooftop solar plant will generate renewable energy, lowering electricity consumption for residents. Indoor air quality will be enhanced through anti-smog ventilation inlets, and smart home technologies, including the Appartme system, will allow residents to manage heating, appliances, and water usage both remotely and manually.

Construction of the first stage is scheduled to begin in August 2025, with completion expected by March 2028. When finished, the entire Awangarda Mogilska complex will consist of three phases, delivering around 500 apartments to Kraków’s growing housing market.

This and previous releases can also be found at www.skanska.com.

Skanska Group uses its knowledge and foresight to shape the way people live, work, and connect. We are one of the world’s largest construction and project development companies, with 2024 revenue totaling SEK 177 billion. We operate across select markets in the Nordics, Europe and USA. Together with our customers and the collective expertise of our approximately 26,300 teammates, we create innovative and sustainable solutions that support healthy living beyond our lifetime.

Media Contacts:

Media Contacts:

Aleksandra Goller, Director of Sales and Marketing, Skanska Residential

Development Poland, tel +48 797 332 634

Andreas Joons, Press Officer, Skanska Group, tel +46 (0)10 449 04 94

Direct line for media, tel +46 (0)10 448 88 99

SOURCE: Skanska