PKP chooses Semeco for Gdynia Międzytorze project

PKP has selected Semeko as a commercial partner for its mixed-use project in Gdynia. The estimated value of the project is PLN 700 million. The complex will be located in the Międzytorze area, next to a railway station in Gdynia’s city center. PKP wants to renovate the area and prepare it for a housing development, as well as for commercial space with retail and office functions, and hotel facilities. The project will be completed in several stages and the completion date is set for 2026. Construction is expected to commence in 2017. The total residential and commercial space will total 345,000 sqm. The investment in Gdynia will be carried out by PKP’s newly created spin-off firm XCity Investment.