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The Warsaw Voice » Real Estate » November 19, 2008
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November 19, 2008   
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New Crown Investment Offices in Warsaw
Developer Ghelamco Poland has started building its latest office project, Crown Square, on Rondo Daszyńskiego traffic circle in the center of Warsaw. Crown Square is the third and last stage of Ghelamco's Crown Investment project, which includes the already built Crown Point and Crown Tower office buildings.

Crown Square is a Class-A office building offering 17,000 sq m of space on 13 floors and underground parking for 227 cars on three levels. The ground floor will accommodate a restaurant, newsagents and a grocery store. The project is due for completion in the fourth quarter of next year. Crown Point and Crown Tower opened in 2004.


Luxury Offices on Nowogrodzka St.
The reconstructed N21building at 21 Nowogrodzka St. in central Warsaw opened Oct. 30, offering a range of luxury commercial and office space.

The building was constructed on the site of a tenement house owned by Energopol Trade. It was acquired in 2006 by SwedeCenter. The tenement house was dismantled, leaving only the steel structure and floors, on which the new building was built. SwedeCenter is part of the Inter IKEA group and has been active in Poland since the early 1990s.

The eight-story building has a surface area of about 3,500 sq m. It is already 40 percent leased.


New Offices in the Center of Szczecin
Developer Echo Investment is building the Oxygen office tower at the crossroads of Malczewskiego Street and Wyzwolenia Avenue in the center of Szczecin. The nine-story Class-A building, offering a total of some 14,000 sq m of office space, is due for completion between the end of 2009 and early 2010. Nearby is the Galaxy shopping center, the largest retail complex in this northwestern coastal region of Poland, and the Pazim office and hotel complex, which includes a Radisson SAS hotel.

There will be a medical clinic, a coffee bar, newsagents, a fitness club, and parking for 181 cars. Plans also foresee space available for banking services.
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