Yareal has received the building permit to construct the first stage of the 65,000 sqm LIXA office complex. Yareal’s biggest office investment ever will co-create the business centre at Warsaw’s Daszyński roundabout.
Construction works will be preceded by demolishing a former office building of Kredyt Bank located at the intersection of Kasprzaka and Karolkowa Streets, which is slated for this July. Subsequently, construction works on the first stage of the investment will commence, the completion of which has been planned for mid-2020. During the first stage, Yareal has planned two buildings. One is intended for the new office of BGŻ BNP Paribas (22,000 sqm), while the second one will offer 6,000 sqm of office space. In turn, under the second phase of the investment, there will be erected a building with further 20,000 sqm (2021), and the last stage of the construction of LIXA complex will be a building with 17,000 sqm of office space (2022).
LIXA is Yareal’s biggest development project in Poland and also one of the biggest office investments in Warsaw. Four office buildings totalling 65,000 sqm will ultimately constitute the complex.
“The complex will be entirely different from the existing and emerging skyscrapers. One-third of LIXA space – 22,000 sqm – will be occupied by the headquarters of BGŻ BNP Paribas. This record high pre-lease transaction perfectly reflects growing interest of tenants from the banking industry, among others, who expect strong corporate image and comfortable office space in an attractive location. What is growing in importance is individual, non-standard office space arrangements that will be conducive for new solutions and ideas, and will also allow for efficient relax at a time free from work,” says Eric Dapoigny, CEO of Yareal Poland.
LIXA complex will be certified in the international BREEAM system, confirming the application of solutions in accordance with the concept of sustainable construction. LIXA architectural project has been prepared by the HRA studio (Hermanowicz Rewski Architekci), with which Yareal continues successful cooperation in developing residential and office investment projects in the capital, such as Kolorowy Gocław housing estate and the Nowogrodzka Square office building, which will be delivered in the second quarter of 2018.
Yareal is Poland 's first developer to have received BREEAM Interim certificates for its four residential investments being built in Warsaw.
