Cushman & Wakefield appointed for the commercialization of the flagship project of STRABAG Real Estate
  • International consultancy Cushman & Wakefield has been appointed the exclusive agent responsible for the commercialization of the office part of the Upper One complex in Warsaw.
  •  Upper One is the latest project by development company STRABAG Real Estate, which will be built on the site of the disused Atrium International office building.

Warsaw, 1 December 2022 – STRABAG Real Estate’s latest development will include a 34-story office tower and a 17-story hotel. Upper One will offer 35,900 sq m of office space and approximately 11,000 sq m. GLA of hotel space. The entire project will be completed in 2026.

“The construction of Upper One is one of STRABAG Real Estate’s business priorities for the coming years. We have approached the preparation of the project concept extremely carefully, wanting to fully exploit the potential of this symbolic location for many residents of the capital. It is important to Us that the Upper One complex blends smoothly into the urban landscape of Warsaw’s downtown and offers its future tenants a completely new quality in terms of use and working comfort. A natural element of the investment’s realization is its commercialization, which is why we decided to cooperate with such an experienced partner as Cushman & Wakefield,” comments Henryk Bilski, Leasing Director at STRABAG Real Estate.

Construction work involving the demolition of the existing Atrium International office building will begin in the first quarter of next year. The general contractor for the complex, which is also responsible for the demolition work, is the construction company STRABAG.

“Upper One is one of the most important new commercial projects in Warsaw. Firstly, STRABAG Real Estate’s investment will redefine the downtown quarter between Jana Pawła II Avenue, Grzybowska, Krochmalna, and Ciepła Streets. Secondly, the entire complex will offer innovative ecological solutions, thus setting new standards for the real estate market in Poland. And finally, it will be one of the key investments to meet the growing demand for office space in the capital, especially in view of the expected supply gap. We are delighted that STRABAG Real Estate entrusted us with the commercialization of its flagship development and we thank them for the trust they placed in us”, comments Anna Górska-Kwiatkowska, Head of Leasing Services at Cushman & Wakefield.

Upper One – the only one of its kind in Warsaw

Upper One will be visually distinguished by its modern yet elegant, light-sculpted façade, dynamized by the movement of five glass lifts. In addition, the office tower will feature three internal lifts. It is worth noting that on the highest floors of the investment, its tenants will be able to use specially designed outdoor terraces – Upper One will thus be one of the few high-rise buildings in Poland offering such a solution. Throughout the complex, the developer plans to provide more than 200 parking spaces, including charging points for electric cars.

Outside, on the other hand, there will be a green rest area and an amphitheater, which will create a place for relaxation and cultural events.

“The aspect of ecology and optimization of media consumption was extremely important in the design process of Upper One. Ultimately, we decided to use an innovative geothermal system, a renewable and economical energy source for heating and cooling the building. In addition, our investment will implement a number of solutions to improve air quality, such as ionization or adiabatic humidifiers. The highest quality of Upper One will be confirmed by the LEED Platinum and WELL Building Standard certificates, as well as the ‘Barrier-free Facility’ of the Integration Foundation, which is awarded to properties accessible to people with disabilities,” adds Henryk Bilski, Leasing Director at STRABAG Real Estate.