Strabag to replace Atrium in Warsaw with offices and hotel

18
Nov
2022
News - Strabag to replace Atrium in Warsaw with offices and hotel #hotel #office #Poland #Strabag #Warsaw

by Property Forum | Office

Strabag Real Estate has announced the development of Upper One, an office and hotel complex at the junction of ul. Grzybowska and Jana Pawła II in Warsaw. It will replace the out-of-use Atrium International office building.


The project, involving the construction of a 34-storey high-rise building and a 17-storey hotel, will be completed in 2026. Upper One will offer 35.9 thousand sqm of office space and approx. 11 thousand sqm. GLA of hotel space. The developer has already received demolition and building permits. The first step in the project will be the dismantling and demolition of the Atrium International office building - work will begin in Q1 2023.

"For Strabag Real Estate, this is an extremely important and exciting moment. As a developer, we are offering Warsaw a building that is modern in terms of architecture, design and approach to technology in an extremely attractive but also symbolic location. It was exactly here, at al. Jana Pawła II 23, that the business culture of the capital was shaped in the 1990s. The old office building has not stood the test of time, and the economic development of the city cannot be stopped. We are therefore starting a new phase in the history of this location, which we have named Upper One. Our ambition is to respond to the potential of the plot and the growing tenant activity in Warsaw. We believe that the 131.5-metre-high office building, the first in the country to be equipped with a geothermal system and many environmentally friendly solutions, will define a new standard for the workplace and set trends for the real estate industry for years to come", said Łukasz Ciesielski, Managing Director of Strabag Real Estate Poland

The general contractor of Upper One, which is also responsible for the demolition work, is the construction company Strabag. The project was designed by the Polish studio Medusa Group.

"Upper One is located at the close of the view of the southern axis of al. Jana Pawła II, which gradually bends northwards from Rondo ONZ. This location inspired us to design a 'living' southern façade filled with glass lifts that, when in motion, reveal the function of the building. The glass façade is modest yet elegant. Its planes are broken in the form of curved vertical strips, thereby breaking the literalness of the reflections of the surroundings and reinforcing the slenderness of the building. As designers, we hope that the building will become an indispensable part of Warsaw's contemporary landscape", commented Łukasz Zagała, architect, co-owner of the Medusa Group studio

There will be three entrances to the office building. In addition to 34 above-ground floors, the project also includes five underground levels. The design envisages eight double-deck lifts (three internal and five glazed), which will serve two floors simultaneously. On the top floors, tenants will be able to use outdoor terraces. The developer also envisages 219 parking spaces, including electric car charging points.

The realisation of the Upper One project will also be accompanied by, among other things, the modernisation of the corner of al. Jana Pawła II and ul. Grzybowska.

The quality and accessibility of Upper One will be confirmed by three different certifications - LEED Platinum, WELL Building Standard and Obiekt bez barier (Barrier Free Facility) of the Integration Foundation.




New leases

  • UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.

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