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Vastint Poland has signed a general contract with Budimex SA for the first part of the second phase of the Waterfront complex in Gdynia. The planned investment will be constructed directly on Hryniewickiego Street, in the vicinity of Skwer Kościuszki, and its scope will include the construction of four buildings with underground garages with a total area of 45,000 m2. The general contractor is planning to start basic construction work in May this year. The investment is scheduled to be completed in 2023.
The planned investment is a continuation of the first phase of Waterfront, which was commissioned in 2015 – two buildings with office and hotel functions located directly on the President’s Waterfront. The existing development will be supplemented with an additional 80,000 sqm of residential, office and retail space. Due to the scale of the planned project, its implementation will be staged. The works will begin with the development of a fragment of the plot on the side of Hryniewickiego Street, maintaining the access to the Marriott Hotel from the side of Jana Pawła II Street, and next, the area directly adjacent to Skwer Kościuszki, where the Gemini Centre used to operate in the past.
As part of the construction process which is now beginning, two office buildings with a leasable area of 14,500 m2 and two residential buildings located just behind them, which will house 126 residential and commercial units, will be constructed along the frontage of Waszyngtona Street. Sales of the flats will be launched upon completion of construction, and all units will be delivered on a “ready to move in” standard.
Most likely with a delay of one year, the implementation of the last part of the project will begin, which will include another office building, commercial 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 a public square adjacent to Skwer Kościuszki, around which public life will take place. The entire complex will be complemented by urban greenery, which will give a seaside character and emphasise the diversity 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 Waterfront was created at the JEMS studio. The main objective of the architects was to create a space aspiring to be called the new heart of Gdynia, which will be open not only to people working and living here, but also to all residents and tourists. The attractive development of the complex is to be a showcase of the city and a favourite place to meet, work and live.