More going on at Off
Retail & leisurejournalist
The company managing the project, OPG Property Professionals, has announced the construction of an office and retail building called the Fern Office as well as a multi-level car park. Both buildings should be ready by the end of 2021. Fern Office is to be a five-storey building with a total of 8,000 sqm (3,600 sqm of service and retail space and 4,000 sqm of office space), which will fit into the frontage of ul. Piotrkowska. It will feature a public rooftop with a late-night music club, restaurant, relaxation area with sun loungers, a summer cinema and a viewing terrace. The lifestyle character of the building is to be emphasised by the lush greenery on the roof and the façade.
“The daily life cycle of our ‘Fern’ will be far removed from that a typical office building. Mixing the office, retail and service, gastronomic and cultural-entertainment functions will provide a unique experience, from one dawn to the next, seven days a week,” declares Michał Styś, the CEO of OPG Property Professionals, the developer of the Off Piotrkowska Centre,.
The main distinguishing feature of the building will be its entrance gate, which is to be three storeys in height. The complex also contains restored red-brick industrial buildings, including a water tower, as well as sea shipping containers housing boutiques, showrooms and pop-up stores, together with larger retail and service units with shop windows facing onto the main street of the city, ul. Piotrkowska, while the future shopping arcade will create one large shopping and fashion complex.
“This is the first such large project in the area of ul. Piotrkowska that can accommodate the flagship stores of global clothing brands as well as the stores of local designers. We provide tenants with units on the underground level, on the ground floor and the first floor, at one of the trendiest addresses in Łódź,” claims Monika Hryniewicz, the head of the leasing department at OPG Property Professionals.
A six-storey car park is also to be constructed as part of the project near ul. Sienkiewicza. It will have 222 parking spaces for guests and tenants, including five for the disabled and 25 spaces for families with children, as well as ten electric vehicle charging stations.
“The vegetation that will extensively cover the façade along ul. Sienkiewicza and Off's market square, as well as the public green roof with sports and recreation facilities, are an expression of the highest concern for the quality of the urban space in this elegant part of Łódź’s city centre. After many years of discussions and preparations, the first private multi-storey car park will finally be developed in the area of ul. Piotrkowska, which the inhabitants of Łódź have long been waiting for,” adds Andrzej Owczarek, the head of the Now architectural studio and the main designer of the project.
An open door to redefining the commercial real estate market in Poland
An open door to redefining the commercial real estate market in Poland
Walter Herz
The investment slowdown in the commercial real estate sector that we have been observing in Poland for over a year is primarily the result of the tightening of monetary policy arou ...
The retail sector is not slowing down
The retail sector is not slowing down
Walter Herz
The pandemic, conflict in Ukraine as well as inflation and high interest rates that recent years have brought have reshaped the real estate market around the world. The global slow ...
Retail parks – current opportunities
Retail parks – current opportunities
Avison Young
Over the last few years, retail parks in Poland were mostly developed in smaller formats, around 5,000 sqm, either adding to the existing retail landscape or introducing modern ret ...