Warsaw redevelopment project completed

01
Oct
2018
News - Warsaw redevelopment project completed #BBI Development #Liebrecht & wooD #Poland #redevelopment #Warsaw

by Property Forum | Office

Following a thorough revitalisation process carried out under the strict supervision of the conservator-restorer, Koneser has been restored to its former glory. The joint investment of the Liebrecht &wooD Group and BBI Development envisaged bringing the former Warsaw Vodka Distillery back to life and giving it back to Warsaw. A multifunctional lifestyle centre was established on an area spanning 5 ha in Warsaw’s Old Praga.


Centrum Praskie Koneser is a joint investment of the Liebrecht & wooD Group and BBI Development. The splendour of the former Warsaw Vodka Distillery was retained in the historic factory buildings and it blends harmoniously with the new buildings, inspired by the post-industrial developments. The project, covering an area of 88,000 sqm, is an example of multifunctional architecture integrating nine different functions on a single space, as it accommodates office space, restaurants, event space, as well as a rich offering for tourists, educational opportunities, hotels, apartments and leisure space.
 
In the commercial part of the investment, the first building to be revitalised was the Kordegarda (Eng. Guardhouse), facing the Ząbkowska street. It was the first home of Campus Warsaw (the first initiative by Google in the CEE region aimed at helping start-ups) in the years 2015-2017. Today, Campus Warsaw is located in the restored building, which used to be a spirits warehouse. Koneser also boasts being home to the first ever Polish Vodka Museum, and the first in Warsaw Moxy hotel (by Marriott International) will be opened on site at the turn of 2018 and 2019.
 
On the last weekend of September, during the first Warsaw Koneser Festival, Koneser Square (4,000 sqm) will be solemnly given back to the people of Warsaw and the city itself. The square is the venue of special cultural events, fairs and other outdoor events.
 
Koneser offers a total area of 8,500 sqm that can serve as the venue of special events. The Koneser Square, open to the public, the Laboratorium 2400 (2,400 sqm) and Butelkownia (2,100 sqm) event spaces, and the retail passage will all be the venue of concerts, fairs, exhibitions, performances, outdoor events, business events and other events addressed to the people of Warsaw, tourists, businesses and their guests.
 
Thirty percent out of the 21,800 sqm retail space is dedicated to atmospheric restaurants, bars and cafés (ZONI, WuWu bistro, Pijalnia Czekolady E. Wedel, Bar ¾, Ferment Praski, Frankie’s, ORZO, 24-hour restaurant and club concept by Grupa Warszawa, Bombaj Masala, Azia Restaurants and more).
 
The stores of the following brands opened on the last weekend of September: Prysznic Modowy Marioli Turbiarz, So Chick So Freak, Targi Rzeczy Ładnych, s:HEirt, ONE No.1 Varsovie, Muscat, Mydlarnia Cztery Szpaki, POLISH DESIGN, I Love Grain and Freeshion.
 
Moreover, the retail space also houses the Damiana Medical Center, the Zdrofit Fitness Club (to be opened this November), as well as numerous stores and service outlets including Biedronka, Inmedio, Świat Książki, Lagoon Laundry or ING Bank (to be opened soon). A store offering selected spirits and alcoholic beverages was opened at the Polish Vodka Museum in June. The Paper Concept store offering a wide selection of craft accessories will also be opened soon in the retail space.
 
The office space available at the Koneser (25,500 sqm) is almost fully leased out by such companies as Atende, Clico, Energy Solution, LINK, RK Legal or Waberer’s Polska.



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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