{"id":1399,"date":"2020-08-10T11:56:12","date_gmt":"2020-08-10T11:56:12","guid":{"rendered":"http:\/\/ceo.com.pl\/en\/?p=1399"},"modified":"2020-08-10T11:56:12","modified_gmt":"2020-08-10T11:56:12","slug":"tri-city-is-going-for-a-million-72060","status":"publish","type":"post","link":"https:\/\/ceo.com.pl\/en\/tri-city-is-going-for-a-million-72060\/","title":{"rendered":"Tri-city is going for a million"},"content":{"rendered":"<p>According to Walter Herz consulting company, the consistently expanding office market in the Tri-City today has the lowest vacancy rate in the country.<\/p>\n<p>The office stock of the Tri-City agglomeration will exceed 1 million sq m. of space after the construction of the ongoing investments is completed. The Tri-City market, which is one of the fastest growing regional centers in Poland, today has almost 870 thousand sq m of office space. The facilities are very modern, as most of the offices in the Tri-City were built just a few years ago.<\/p>\n<p>&#8211; For over a year, the amount of vacant office space on the Tri-City market has been at the lowest level in the country, not exceeding 6 per cent. This proves the great potential of this location, especially if we take into account the recent dynamics of this market&#8217;s development. There are a dozen or so office investments in the Tri-City under construction and at the stage of preparation for construction, which in the next 36 months will bring almost 150 thousand sq m. of modern space &#8211; says Mateusz Strzelecki, Partner at Walter Herz.<\/p>\n<p>The largest projects completed this year in the Tri-City include, among others, two office buildings in Gda\u0144sk, which provide 25 thousand sq m. of offices each: that is Olivia Prime B building in the Olivia Business Center complex and Wave office building by Skanska company.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/ceo.com.pl\/en\/tri-city-is-going-for-a-million-72060\/#Investments_in_the_post-shipyard_area\" >Investments in the post-shipyard area<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/ceo.com.pl\/en\/tri-city-is-going-for-a-million-72060\/#Polands_first_office_center_at_the_airport\" >Poland&#8217;s first office center at the airport<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/ceo.com.pl\/en\/tri-city-is-going-for-a-million-72060\/#The_demand_for_Tri-City_offices_is_not_dropping\" >The demand for Tri-City offices is not dropping<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Investments_in_the_post-shipyard_area\"><\/span>Investments in the post-shipyard area<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Most of the Tri-City office investments are being built at one of the main traffic arteries in Gda\u0144sk &#8211; al. Grunwaldzka street and in the central part of the city in the so-called M\u0142ode Miasto. In this area, Cavatina is currently developing the first stage of Palio Office Park office complex, and Inopa company is developing C300 office building.<\/p>\n<p>In the post-shipyard area of M\u0142ode Miasto in Gda\u0144sk, right next to the European Solidarity Center and the historic Health and Safety Hall of the Gda\u0144sk Shipyard, the multifunctional investment of DOKI is also at the beginning of construction. The project involves the construction of two office buildings with a total lease area of 37 thousand sq m., as well as over 1 000 apartments and several dozen commercial premises. As part of the project, the historic assembly building of Montownia, located in the heart of the new district will also be restored, with serviced lofts, a food hall and conference rooms.<\/p>\n<p>At Stocznia Cesarska shipyard in Gda\u0144sk, the historic management building is currently under renovation, which will assume an office function, offering 4 thousand sq m. of space.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Polands_first_office_center_at_the_airport\"><\/span>Poland&#8217;s first office center at the airport<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>In addition, Torus company is constructing Format office building with 16 thousand sq m at Droszy\u0144skiego street in Gda\u0144sk. It is to be completed in the second quarter of the next year. Around the same time, the investor is also planning to commission an office building with 7.3 thousand sq m. of lease area, which is being built in the second stage of Officyna investment located at al. Grunwaldzka street.<\/p>\n<p>In the second quarter of next year, the first of the seven office buildings to be erected at the Gda\u0144sk Airport is to be completed. The cornerstone has recently been laid for Alpha building, which will provide 8.5 thousand sq m. of office space. This project will become the first office center in Poland to be located at an airport.<\/p>\n<p>Moreover, there is a concept for the development of the PKS railway area at 3 Maja Street in Gda\u0144sk. A city square with greenery and a new office building and hotel are to be built in its place. Whereas the station and bus platforms would be moved underground to level -1.<\/p>\n<p>In Gdynia, which has less than a fifth of Tri-City office resources, the largest of the currently implemented projects is 3T Office Park office complex with approx. 38 thousand sq m. of space, which is located at \u0141u\u017cycka street.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"The_demand_for_Tri-City_offices_is_not_dropping\"><\/span>The demand for Tri-City offices is not dropping<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>According to Walter Herz, the absorptive capacity of the Tri-City office market in the last three years amounted to an average of 100 thousand sq m. a year. In the first half of this year, this level of absorption has been maintained. Over 50 thousand sq m. of office space was delivered to tenants in the Tri-City.<\/p>\n<p>&#8211; Most contracts were concluded by companies from the transport and banking sectors. The Tri-City with over a million people is also still attractive for companies from the segment of modern business services and new technologies. Investments in port infrastructure also attract companies related to the trade of goods by sea, using a maritime transshipment hub &#8211; informs Martyna Markiewicz, Senior Leading Negotiator, Regional Coordinator at Walter Herz. &#8211; Due to the current epidemiological situation, apart from new transactions, in recent weeks we have also had to deal with a large number of renegotiations of lease agreements that are coming to an end. A lot of tenants obliged by longer contracts also expressed their willingness to sublet some space. However, it is a trend noticeable throughout the country, not only on the Tri-City market &#8211; says Martyna Markiewicz.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to Walter Herz consulting company, the consistently expanding office market in the Tri-City today has the lowest vacancy rate in the country. The office stock of the Tri-City agglomeration will exceed 1 million sq m. of space after the construction of the ongoing investments is completed. The Tri-City market, which is one of the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1018,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[8],"tags":[2752,166,167,2753,1557,118,64,150,133,106,2822],"class_list":["post-1399","post","type-post","status-publish","format-standard","has-post-thumbnail","category-real-estate","tag-apart","tag-gdansk","tag-gdynia","tag-lot","tag-martyna-markiewicz","tag-mateusz-strzelecki","tag-poland","tag-skanska","tag-tri-city","tag-walter-herz","tag-wave"],"jetpack_publicize_connections":[],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/posts\/1399","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/comments?post=1399"}],"version-history":[{"count":0,"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/posts\/1399\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/media\/1018"}],"wp:attachment":[{"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/media?parent=1399"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/categories?post=1399"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/tags?post=1399"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}