West Station is a joint venture development by HB Reavis, PKP S.A. and Xcity Investment. The partners first delivered the new Warszawa Zachodnia railway station building last year. The neighbouring office building is the following step in creating a functional urban environment on this part of Jerozolimskie Ave. – available to both travellers and employees. As part of the project’s improved accessibility, investors reconstructed a nearby junction, and extended the bicycle lane linking the new office building with the city centre. HB Reavis has signed a loan contract with mBank for EUR 45 million to refinance the development costs of West Station I. With 75% of the building already being leased, the 14-storey West Station scheme will house offices of PKP Group companies among others.
West Station offers high quality office space as well as green and open public space. The scheme’s major benefit is its excellent transport connection with the main railway line, several bus routes, as well as easy access to the S8 expressway and A2 motorway, commented Stanislav Frnka, Country CEO at HB Reavis Poland.
For PKP S.A., it is essential that the West Station complex, which includes the new railway station building, improves the Jerozolimskie Ave.’s access to trains and connections with bus transport both city- and nationwide. The integration of a variety of different public transportation modes, available to tenants, is one of most important aspects of our investments, said Mirosław Pawłowski, President of the Board at PKP S.A.
The second West Station building is due to complete in Q3 2017. The entire complex, designed by Polish architecture studio FS&P Arcus Sp. z o.o., will offer a total of 68,000 sq m of Grade A office space upon completion. West Station I has been awarded the BREEAM Interim certificate at “Excellent” level.