Warsaw' city centre is to be the home co-living specialist Vonder's latest project, UpTown by Vonder, which will comprise 113 brand new rental apartments. The new project joins UpRiver by Vonder, the brand’s flagship site in the Polish capital, which officially launched last year and will see the fifth stage of the development complete this month.
UpTown by Vonder is set to launch at the beginning of March. Located at 9 Dubois Street. The complex spans over 54,000 sq ft of residential space and offers 36 studio apartments, 41 one-bedroom apartments, 28 two-bedroom apartments, and eight three- or four-bedroom apartments with views of the Warsaw skyline.
According to CBRE’s latest co-living report, over the past decade the level of renting across Europe has risen. In 2018, 31 per cent of the EU population were living in the private rented sector, up from 27 per cent ten years ago. Vonder has recognised a huge opportunity to tap into this growing market and together with the brand’s biggest project in Warsaw, UpRiver by Vonder, the global co-living business will retain the master lease for over 500 apartments within Poland’s city centre.
People choosing a home at UpTown will also still have the opportunity to access to over 5,000 sq ft of amenities that will be available at UpRiver by summer 2021, including a fitness and yoga studio, cinema room, café, bar, co-working spaces with conference rooms, shared kitchens, as well as concierge service and parking.
Tomer Bercoviz, CEO of Vonder, says: “We are continuing to see a growing trend of young professionals seeking a sociable housing experience as a result of Covid-19. Our ongoing success in UpRiver, with a steady 95 per cent+ occupancy rate, has proven to us that Warsaw is a great city for our concept, with many young professionals searching for high quality urban homes, with access to a vibrant global community.
“We are incredibly excited to launch UpTown and to be completing the fifth stage of UpRiver. Both sites will offer two different types of development in great locations, with access to a wide variety of amenities. The purpose of launching two sites is to create a co-living ecosystem whereby the community will have the benefit of living as a Vonderer no matter what property they choose", he added.
UpTown by Vonder offers a more central Warsaw location with easy access to the local metro station – Dworzec Gdański – only 13 minutes’ walk away. The development is part of an established residential area benefitting from a convenience store within the building and surrounded by several parks, shops, cafés and restaurants all within walking distance. The biggest shopping centre in Warsaw, Arkadia, and Krasinski Palace being only 10 minutes’ walk away. Local tram and bus stations are also within walking distance.
UpTown is the latest development to join the brand’s existing international portfolio, which will continue to strengthen the growth of Vonder’s global co-living brand of over 30 locations across London, Berlin and Dublin, with Dubai and the US coming soon.
