CEDET construction to reach ground level

Developer Immobel Poland will soon finish the construction work on the underground section of the CEDET office and retail project in downtown Warsaw. Work on the above-ground floors of the scheme will commence in January, with the development scheduled for completion in October next year. The CEDET investment involves the remodeling and expansion of a post-war modernist building that previously housed one of the Polish capital’s best-known department stores. “Our goal is to restore the building to its former glory,” said Bartłomiej Hofman, the CEO at Immobel Poland. The project, which was designed by the AMC-Andrzej M. Chołdzyński and RKW Rhode Kellermann Wawrowsky architectural studios and was BREEAM-certified at the ‘Excellent’ level during the design phase, envisions the development of a total of 23,000 sqm of office and retail space, with JLL acting as the exclusive leasing agent. The retail area in the scheme – a total of 7,000 sqm located on levels -1, 0 and +1 – has already been 90 percent commercialized. Immobel and JLL are now in advanced talks with potential tenants interested in leasing space in the office section of the development.

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