Vastint launches new phase of Gdynia mixed-use project

29
Mar
2021
News - Vastint launches new phase of Gdynia mixed-use project #Budimex #development #Gdynia #mixed-use #office #Poland #residential #Vastint

by Property Forum | Office

Vastint Poland has signed a contract with Budimex SA for general contracting services for the initial part of the second phase of the Waterfront complex in Gdynia. The planned investment will be built on Hryniewickiego Street, in the vicinity of Kościuszko Square, and will comprise the construction of four buildings totalling ​​45,000 sqm including underground garages. The general contractor plans to start construction in May of this year, with the investment scheduled for completion in 2023.


The planned investment is a continuation of the first phase of the Waterfront, which was commissioned in 2015 and included two buildings with office and hotel functions located directly at the Nadbrzeze Prezydenta (President’s Waterfront). The existing buildings will be supplemented with an additional 80,000 sqm of residential, office, and service space. Due to the scale of the planned project, it will be phased. Work will begin with the development of the section of the site on Hryniewickiego — while the driveway to the Marriott Hotel is maintained from Jana Pawla II Street — followed by the area directly adjacent to Kosciuszko Square, where the Gemini Center previously operated.

As part of the commencing stage, two office buildings with a leasable area of ​​14,500 sqm and two residential buildings behind them with 126 residential and commercial premises will be built along the frontage of Washingtona Street. The sale of apartments will be launched after the completion of construction, and all premises will be delivered in a ready-to-live-in standard.

The final part of the project will most likely be initiated with a one-year delay and is to comprise another office building, service premises, two hotels with conference space, and public and cultural facilities, including a cinema with eight screening rooms. An important element of the development is the public space adjacent to Kosciuszko Square, around which public life will take place. The whole will be complemented by urban greenery, meant to convey a seaside character and emphasize the variety of functional zones of the planned project. The design of this part of the complex will be completed in the coming months.

The architectural design of the Waterfront was created in the JEMS studio. The architects’ main goal was to create a space envisioned as the new heart of Gdynia, open not only to people working and living there but also to all city residents and tourists. The attractive development of the complex will be a showcase of the city and a favourite place to meet, work, and live.




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  • Jack & Jones has leased 310 sqm for a new store at Promenada Sibiu, owned by NEPI Rockcastle.

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  • Colliers Hungary has appointed Balint Laszlo as Director and Head of Design & Build. Laszlo brings over a decade of expertise in technical project management and fit-out execution, with a specific focus on the office and industrial sectors. He previously served as Head of Fit Out at Futureal Group, where he managed project execution, technical delivery, and cross-functional collaboration. His professional background also includes site management and commercial leadership roles.
  • NEPI Rockcastle has nominated Zelda Roscherr as an Independent Non-Executive Director. Roscherr will stand for election at the Annual General Meeting (AGM) in May 2026. André van der Veer, currently an Independent Non-Executive Director, will retire at the conclusion of the AGM and will not seek re-election.
  • Panattoni has promoted Nick Cripps to the position of Head of International Capital Markets for Europe, the UK, the Middle East, and India. Based in London, Cripps is tasked with leading the firm’s global capital markets strategy across 18 diverse markets. He joined Panattoni five years ago as Head of UK Capital Markets.


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