Business Park Sofia transforms into mixed-use project

23
Jan
2026
News - Business Park Sofia transforms into mixed-use project #Arco Capital #Bulgaria #Business Park Sofia #CEE #LEED #Mixed-Use #Office #Sustainability #Tomasz Radwanski

by Property Forum | Office

Business Park Sofia, the largest office park in CEE, is undergoing a transformation into a mixed-use destination called The Park District.


The park is owned by Arco Capital, the largest American commercial real estate investor in Bulgaria.

The transformation strategy, developed with global architecture firm Gensler, is being implemented in stages. The first phase focuses on modernising the working environment through interior redesigns, building management system upgrades, and smart technology integration. Most office buildings within the park are LEED certified, reflecting the commitment to sustainability and energy efficiency.

The next phase aims to strengthen the park's position by expanding dining concepts, shared workspaces and green areas to support a more balanced workplace environment. The final stage envisions introducing residential spaces to complete the evolution into a fully integrated mixed-use environment.

"This transformation goes beyond physical renovation," says Tomasz Radwanski, Managing Director of Business Park Sofia. "Our goal is to create a future-ready environment that combines sustainability, design excellence, and a rich service offering, while remaining firmly anchored in our role as a leading office destination."

The renovation cycle is set to be completed this year, with the final two office buildings undergoing upgrades. Business Park Sofia continues to set benchmarks for office developments in the region.




Latest news


New leases

  • REHAU, a global manufacturer of advanced polymer solutions, has signed a lease for approximately 4,100 sqm of space at MLP Business Park Poznań. The new facility will integrate warehouse operations with modern office space and a dedicated showroom for product presentations, corporate meetings, and technical training.
  • RecuNova has leased 305 sqm in the Bucharest-based Olympia Tower office building for a new medical clinic. The lease deal was brokered by Activ Property Services.
  • Gaya Studios has 190 sqm in Green Gate office complex, in a deal brokered by Rustler Romania.

New appointments

  • Krzysztof Wróblewski (MRICS) has been named Head of Portfolio Management CEE at Peakside Capital Advisors, responsible for overseeing investments and managing the real estate portfolio. He succeeds Christopher Smith in this role.
  • Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.
  • CPI Property Group is strengthening its leasing structure with the appointment of Agnieszka Baczyńska as Head of Leasing. In her new role, she will be responsible for shaping and executing the leasing strategy across the group’s office and retail portfolio in Poland. At the same time, Izabela Potrykus has been appointed Leasing Office Director. Baczyńska brings more than 20 years of experience in the commercial real estate market. Prior to joining CPI Property Group in 2022, she served as International Leasing Director at Neinver Polska.


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