PLN 28.4 million net – this is the contract value awarded to Unibep SA for the comprehensive revitalization and expansion of an existing property at 34 Jana Pawła II Avenue, right in the center of Warsaw. Yesterday, we signed an agreement with the investor – Polski Holding Nieruchomości SA (PHN).
The investment will result in the creation of 46 modern residential units. Construction is scheduled for completion in the first quarter of 2027.
“We’re pleased to be working with PHN once again on this project. It’s a testament to the strong relationship we’ve built over the years and to our ability to meet the high standards set by this investor, with whom we recently collaborated on the ‘Kolej na 19’ residential estate in Warsaw and the ‘Olimpijczyk’ estate in Łódź,”
says Leszek Gołąbiecki, Vice President of the Management Board of Unibep SA.
“We always strive to find the best solutions for our clients. We will make every effort to deliver the buildings on schedule and ensure that the workmanship meets the expectations of both the investor and the future residents.”
As part of the agreement, Unibep will expand the existing building by adding a residential section, convert the first floor into residential space, and renovate both the residential and commercial parts of the building, including related infrastructure and site development. The 9-story building will feature 46 residential units, 1 commercial unit, and 40 parking spaces.
The PHN investment stands out not only for its prestigious location but also for the nature of the project itself. It involves a full-scale revitalization and expansion of the existing property, blending residential and commercial functions. The new structure will feature a modern, cascading architectural design. The revitalized portion will span nine above-ground floors, while the new extension will consist of six floors. Apartments on the upper levels will offer spacious terraces and balconies—a rare feature in this part of the capital.
The investment will also include two levels of underground parking and one above-ground level, along with storage units and bicycle rooms, ensuring daily convenience for future residents.
