On April 5th, 2012 Eiffage Budownictwo Mitex S.A. signed a contract for the development of art eco RESIDENCE apartments. The company will raise a multifamily residential building with underground garages by 46/50 Powązkowska street in Warsaw. The building will consist of 291 apartments of between 35 sq. m and 125 sq. m. The contract is worth PLN 85,7 million net in total. Construction works will last from April 25th, 2012 up to February 28th, 2014. The investor is Marvipol S.A., a Warsaw’s developer known for prestigious and high standard residential projects.