Developer Capital Park Group has launched construction on its Royal Wilanów office project in Warsaw. The work is expected to last 24 months. The total cost of the investment is estimated at zł.212.5 million.
Located at the intersection of ul. Klimczaka and ul. Przyczółkowa in Warsaw’s Wilanów district, the Royal Wilanów development will feature five floors with a total of nearly 29,800 sqm of office space and 7,000 sqm of retail-service space. A three-level underground parking will offer 931 parking spaces for tenants and 211 spaces for guests and customers.
The development will feature nearly 29,800 sqm of office space
Courtesy of Capital Park Group
In June Erbud was selected as the general contractor of the project. It will feature a glass facade and natural greenery in common areas. The investor claims the office space is at class-A+ standard, despite its distance from the center of the city.
The investment was designed by the Warsaw-based JEMS Architekci studio and Capital Park is touting it as an alternative to facilities located in the capital’s Mokotów district, which lies just north of Wilanów and is becoming increasingly crowded with office developments.
Wilanów is mostly known as a residential area, where a large housing development “Miasteczko Wilanów” (“Wilanów Town”) is currently under construction. The Royal Wilanów office development will “form an entrance” to Miasteczko Wilanów, according to the developer.
“Wilanów has so far lacked modern office space. Royal Wilanów changes this situation,” the development’s website reads.
Capital Park plans to secure a BREEAM energy efficiency certification with a “Very Good” rating for the project.
Capital Park Group has been active in the Polish property market since 2003, investing jointly with the Patron Capital Partners international private equity fund.
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