Cavatina Holding has started construction on the second stages of Palio Office Park in Gdańsk and Ocean Office Park in Kraków. The total area of both stages comes to 34,200 sqm.
Palio Office Park, which is situated in the Gdańsk Shipyard, is Cavatina Holding’s first investment in the TriCity. It will comprise eight office buildings with a total of almost 90,000 sqm of office and recreational space. Building B, the construction of which has just started, is the second stage of this investment. The 7,700 sqm building should be completed in the fourth quarter of this year. Building A, with an area of 16,500 sqm, is scheduled to come into use in February 2021.
Ocean Office Park is being developed at the junction of ul. Klimeckiego and ul. Nowohucka in Kraków’s Zabłocie district. Eventually, more than 52,000 sqm of office space is to be built in the complex in four stages. The first, 13,000 sqm stage, is to come into use in Q2 this year. The second building will be the largest office building in the entire complex, with more than 26,500 sqm of leasable space. Its completion is scheduled for the end of next year.
We focus on large, multi-stage projects located in the largest and most promising Polish regional cities. (...) Our latest projects will be ready at the right moment to fill the highly likely supply gap.
Daniel Draga, the vice-president of Cavatina Holding
In January, Cavatina Holding obtained financing from BGK for the first stage of Palio Office Park and signed a lease agreement with Medicover Integrated Clinical Services for over 1,100 sqm of office space in the complex.
