Nos projets

The municipality of Poznań and the region of Wielkopolska are among the first to use the new financial instrument JESSICA to regenerate an area of the city. A €66m fund was set up, and the city's Urban Regeneration Programme tried to encourage residents and businesses to join in the process of transformation. Already, 18 months after launch, 30% of the funds were committed, with contracts signed on six projects. The first project to receive a JESSICA loan was the Pozna? Technological-Industrial Park in the D?biec district, while the second was the Podwale Office Centre, situated close to the historic district of Sródka.

Executive summary

Poznań is the capital of Wielkopolska, one of the most developed regions in Poland and one of the leaders among Polish cities in urban regeneration. In the 2000s, European funds helped to bring about many important infrastructural investments in the city. The municipality succeeded in interesting the private sector in revitalising abandoned industrial buildings, and the resulting shopping malls have contributed to the dynamic development of the city's central zone.

The first Urban Regeneration Programme for Poznań, prepared in 2005, focused on the historical central area with strategic importance for urban development. It involved local communities, NGOs, businesses, artists, the local parish and media. This programme designated the pilot district of Śródka as an ‘experimental laboratory’ both for citizens and for the city administration. The previously neglected Śródka was successfully transformed and reintegrated with the city.

In the new programme, the city saw the opportunity to involve the private sector. The authorities wanted to maintain the efficiency of public expenditure so they decided to introduce a demarcation line between zones, so that they would intervene in some zones with public investment while leaving others to the private sector. A €66m fund was set up, and 18 months after launch, 30% of the funds had been committed, with contracts signed on six projects. The first project to receive a JESSICA loan was the Poznań Technological-Industrial Park in the Dębiec district, while the second was the Podwale Office Centre, situated close to the historic district of Śródka.

JESSICA offered an opportunity to develop a cost-effective financing solution to achieve these goals. It supports public-private partnerships in regeneration projects, which is one of the basic conditions for the effective transformation of deprived urban areas. Poznań was one of the first cities in Europe to make use of this new financial instrument. The experience with will pay off significantly in the next EU programming period, when the share of revolving financial instruments is likely to increase.

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Technical information

Name

JESSICA – a tool for efficient revitalisation

Member State and Region

Poland - Wielkopolska region - Poznań

Duration of project

Urban Regeneration Programme since 2005. JESSICA since 2011. JESSICA submissions up to 2015 (continuously in operation, for at least 20 years).

Funding

Total budget: approx. 70 000 000 € - ERDF contribution: 50 000 000 € (JESSICA)

Cohesion Policy Objective

Convergence

Managing Authority

Managing Board of Wielkopolska Region – both for JESSICA and Wielkopolska Regional Operational Programme 2007-2013. Bank Gospodarstwa Krajowego BGK (JESSICA-FROM)

CCI nr of OP

JESSICA instrument – agreement between the board of Wielkopolska region and European Investment Bank.

Other activities described in Poznań case – Wielkopolska Regional Operation Programme (RPO WW) priority 1 point 1.4 (‘innovations’) or priority 4 point 4.1 (‘revitalisation’)

Contact

Lech Podbrez, Head of Revitalisation Unit, Project Coordination Office, Municipality of Poznań,

Tel: +48 61 878 5776

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Web

http://www.wrpo.wielkopolskie.pl/ (PL)

http://www.Poznan.pl/rewitalizacja (PL)

http://www.bgk.com.pl/inicjatywa%20jessica (PL, EN)

Keywords

Financial engineering, Urban renewal, Disadvantaged neighbourhoods

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