Norblin Factory gains momentum

The Capital Park Group has completed the revitalization of the Norblin Factory, the flagship project which has regained its presence on the map of Warsaw after several years of intensive design, construction, and conservation work. The complex was granted an occupancy permit at the end of August 2021. The site at Żelazna Street has a history spanning more than two centuries when it has served several different functions. Reopening for the city, it boasts historical buildings integrated with modern architecture. The multifunctional project has a total area of over 65,000 sqm. Its office space has already been fully leased.

The architecture of the Norblin Factory was designed by the studio PRC Architekci. The general contractor of the investment was Warbud working in co-operation among others with Soletanche Polska, Maat4, and TKT Engineering. Monument Service was responsible for the conservation of historical buildings. Bank lending was provided for the investment project by Bank Pekao SA (€99.3 million) and the European Investment Bank (€60 million); combined with the Capital Park Group’s funds, it paid for the construction costs.

“The completion of the revitalization of the Norblin Factory is a most important and emotional moment for our whole team. After years filled with challenges, difficult decisions and great efforts put into the project, I am proud to say that it was worth it. I am happy to see day after day how the former Norblin and Werner factory once again turns into a vibrant part of the city,” Kinga Nowakowska, Member of the Management Board and COO of the Capital Park Group responsible for the revitalization of the Norblin Factory, said.

(WBJ)