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Yareal starts building final stages of LIXA office complex
Yareal is pleased to announce that it has signed a contract with a general contractor responsible for completing the final stages of its flagship office complex, LIXA.
FineTech Construction will build two office buildings with a total area of 29,000 sq. m. near Daszyński Roundabout. So far, nearly 49,000 sq. m. of modern offices have already been developed here at LIXA, including the most-recently commissioned building C, which will soon be ready to welcome its first tenants. Low-rise offices, tenant-friendly scale and open green gardens and terraces spanning over 5,000 sq. m. distinguish LIXA from other high-rises in the area.
General contractor FineTech Construction Sp. z o.o. is a proven Yareal partner with whom the developer is concurrently working on a three-stage housing estate, Pozytywny Mokotów, located near Galeria Mokotów in Warsaw's Służewiec district.
“FineTech Construction's commitment to being general contractor for the LIXA project is proof of our good relationship with Yareal and the developer’s trust in our work. Being given the chance to construct two office buildings with a total area of 29,000 sq. m. is a confirmation of our joint satisfaction from working on previous projects. I am convinced that we will contribute to the success of the LIXA complex, giving Yareal the highest ratings for sustainable construction and providing excellent working conditions for future tenants” – says Włodzimierz Bogiel, President of FineTech Construction.
“Signing a contract for the construction of two office buildings of this scale was particularly demanding given the current situation in the building materials industry. This is further proof of the solid partnership between our companies. LIXA, the largest investment in Yareal’s history, envisages the creation of an entire city block from scratch and is a combination of flexible and modern office space with useful service points and open public gardens that are sure to enrich the neighborhood. LIXA City Gardens, a promenade with cafes, restaurants, service points and shops, runs through the center of the complex. These businesses will cater to LIXA tenants by day and the area’s residents by night” – adds Yareal President, Eric Dapoigny.
The LIXA project is being carried out in strict accordance with a number of sustainable development principles and ESG standards. Yareal continues to implement energy-saving and environmentally-friendly solutions in its undertakings – including recycling – as was the case for the buildings already completed in LIXA whose façades are made from several hundred tons of recycled aluminum. Additionally, the project is being built with the use of low-emission concrete, which will reduce LIXA’s overall carbon footprint. Openable windows will allow for limited use of air conditioning, and the buildings’ high-speed lifts have been specially designed to recover energy. Moreover, modern LED lighting will be installed throughout the premises, and rainwater will be collected and used to irrigate shrubs, perennials and lawns growing in the public gardens. These open spaces will also feature a pond which will humidify the air with a soothing mist on hot days.
A total of 217 parking spaces will be built in the investment’s underground garage, and some will be equipped with electric vehicle charging stations. The garage will also include bicycle racks, showers and lockers for tenants. As part of the investment, Yareal will also reconstruct part of Kasprzaka Street, outfitting it with urban infrastructure, sidewalks and parking bays, and will also renovate fragments of Giełdowa and Dorożkarska Streets. These construction works will be powered by electricity generated from renewable energy sources.
The LIXA complex is being built in the Wola district, Warsaw’s teeming business center, within walking distance of the Daszyński Roundabout metro station. The three office buildings erected so far were designed by the HRA studio and have already created a campus-like office complex with an open, green courtyard. The complex will be create a new link between Kasprzaka and Giełdowa Streets thanks to a pedestrian passage, next to which construction of LIXA’s final stages is about to begin.
Construction of LIXA, which started in 2019, is scheduled to end at the turn of 2023/2024. All existing buildings have achieved an Excellent rating on their BREEAM green building certification. Buildings D and E were also designed to achieve the same rating. LIXA will also strive for WELL Health-Safety certification, confirming the high standard of safety procedures employed within its buildings. Presently, the first stage of the complex is fully commercialized and the process of acquiring tenants for buildings erected in the second stage is coming to an end.
More information on the LIXA complex can be found at: https://www.yareal.pl/lixa.
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The entire investment, including the buildings, the usable space around them and the surroundings, has been designed to provide the residents with maximum comfort of use.
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Yareal Polska is a long-established, quality-leading real estate development company specialising in the high-end residential and apartment segment. The company has a strong capital position
and strong shareholder support. Since 2005, we have been actively involved in the Polish Association of Developer Companies PZFD. As a member of the PZFD, we adhere to a code of good practice. We are committed to maintaining the highest quality standards.
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ESG is one of the key terms for real estate developer projects which directly impacts the management and corporate responsibility of the business.
Sustainable development has been one of the foundations of Yareal's growth from the very beginning. We are aware of the great responsibility arising from new projects and functions which define the conditions and comfort of living in the city for decades to come.
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