News Article development HB Reavis office Poland Warsaw
by Ákos Budai | Office

Construction of the first of two West Station office buildings, located in the immediate vicinity of the new Warszawa Zachodnia railway station, has completed. The complex, seen from both Jerozolimskie Ave. and all passing trains, will soon welcome its first occupiers. Its developer, international real estate company HB Reavis, signed a loan contract to refinance the project.

West Station is a joint venture development by HB Reavis, PKP S.A. and Xcity Investment. The partners first delivered the new Warszawa Zachodnia railway station building last year. The neighbouring office building is the following step in creating a functional urban environment on this part of Jerozolimskie Ave. As part of the project’s improved accessibility, investors reconstructed a nearby junction, and extended the bicycle lane linking the new office building with the city centre. HB Reavis has signed a loan contract with mBank for €45 million to refinance the development costs of West Station I.
With 75% of the building already being leased, the 14-storey West Station scheme will house offices of PKP Group companies among others. In additional to new office spaces, West Station I will accommodate a WARS restaurant, Costa Coffee café, as well as a bakery by Goraco Polecam Nowakowski.
The second West Station building is due to complete in Q3 2017. The entire complex, designed by Polish architecture studio FS&P Arcus Sp. z o.o., will offer a total of 68,000 sq m of Grade A office space upon completion. West Station I has been awarded the BREEAM Interim certificate at “Excellent” level.