Historically, the fall of the Berlin Wall began with the strike by Gdansk Shipyard workers, making this site a highly visible landmark. Economically, the 60 hectare (150 acre) waterfront site, situated adjacent to an historic Old Town and well-served by local roads and train connections, provides a platform for modern urban structures. A US-based opportunity fund, managed by TDA Capital Partners, recognized the long-term potential of the site and initiated its investment in 1999.
Over the past 8 years, Amber has advised TDA on the preparation of its financing and phasing plans as well as the execution of its joint-venture sale agreements with Baltic Property Trust, a Danish fund, which began to acquire portions of the site after approval of the initial Master Plan.
Independence and a long-term relationship provide the owner with an outside perspective at key decision points over the life of the project.