Xcity Investment, the newly established development arm of Polish State Railways (PKP), is planning a new mixed-use project for Warsaw’s CBD. Called Centralna Park, the project is set to go up on a 2 ha plot, located at the corner of Chmielna, Żelazna, Aleje Jerozolimskie and Jana Pawła II streets. The land already has zoning in place for offices and retail, but the scheme may also include a hotel. Worth €350m, the investment is still in the design stage, but the investor hopes to launch construction in 2018.
