PKP plans €350 mln development project in Warsaw city centre

Xcity Investment, a real estate subsidiary of PKP  is going to build an office space in the Warsaw city center worth €350 mln, the company informed. The project, named "Centralna Park" will be located between such streets as Chmielna, Żelazna, Aleje Jerozolimskie and Aleja Jana Pawła. Besides office space, it will include commerce space as well, PKP is also not excluding establishing hotel facilities there. The main part of the investment area will be a 200-meters skycraper, located at the corner of Aleja Jana Pawła II and Aleje Jerozolimskie. The construction is to be launched in 2018.