Centrum Marszałkowska puts Warsaw’s city center back on investors’ map.Real Estate Investments
Originally Published in March 2018
Poland is emerging as a leader in the European Union’s office real estate market. Warsaw is now a dynamically developing European metropolis, even though 70 percent of the city was destroyed in World War II. Warsaw has 5 million square meters of office space – more than all other Polish cities combined. Many global companies have decided to move their businesses there, but until recently they had not had many opportunities to locate their offices in the heart of the city.
Centrum Marszałkowska is the newest office building located in Warsaw’s central business district, at the intersection of the city’s main transportation arteries, Marszałkowska and Świętokrzyska streets. It is Warsaw’s first property to be integrated with the subway network through a connection with Świętokrzyska Station. The venue incorporates the best commercial and artistic traditions of Warsaw, creating synergy between business and urban lifestyles.
The area surrounding the complex is a bustling city center, just a few minutes away from art galleries, the Warsaw Philharmonic, cinemas, restaurants as well as prestigious law firms, consulting companies and financial institutions.
The building’s modern offices are built in accordance with BREEAM Excellent standards.
Centrum Marszałkowska offers 13,100 square meters of designated office space. There are two subway lines directly underneath the building and the international railway station is just a short walk away. Marszalkowska street has been one of Warsaw’s main shopping destinations for decades. Centrum Marszałkowska uses this strong high-street potential and offers 3,400 square meters of retail space on the ground floor. More than 30 percent of the capital’s residents pass by it at least once a week. The building will feature a two-storey underground parking lot for cars and bicycles. Another unique feature of Centrum Marszałkowska is its proximity to green areas – Park Świętokrzyski and the Saxon Garden.
Centrum Marszałkowska is one of the flagship projects of BBI Development, known for premium-class investments, in cooperation with Społem WSS Śródmieście, a cooperative with more than 144 years of experience. The building’s modern offices are built in accordance with BREEAM Excellent standards. The project will be completed in the second quarter of 2018.
BBI Development has a lot of respect for local history and creates attractive public spaces around its investments. Centrum Marszałkowska will carry a plaque commemorating the heroic death of Warsaw insurgents in World War II, who perished during the bombing of a tenement that stood in the same place.
Furthermore, the locals will be happy to see the return of Warsaw’s most important department store for decades, the iconic Sezam. The interior of the shop will be decorated with historical mosaics and ornamental ceramic tiles, carefully extracted from the old building.
The investment also foresees a careful revitalization of an urban arcade named after Witold Rowicki, a conductor, composer and long-time artistic director of the Warsaw Philharmonic. Its green areas will provide a place for relaxation in an otherwise busy urban space. Centrum Marszałkowska is committed to restoring greenery in the city center and it will enrich the “Warsaw green trail” on Świętokrzyska street with 1,000 square meters of green terraces, filled with flower meadows and leisure areas.