Top 10 CEE investable projects: Nowy Wełnowiec – Katowice, Poland

Nowy Wełnowiec Katowice
Nowy Wełnowiec

Project overview

Nowy Wełnowiec is a 30-hectare mixed-use development in Katowice, Poland, revitalising the former Silesia Metallurgical Plant site. The project aims to create a sustainable, multigenerational urban district that blends residential, commercial, cultural, educational and recreational spaces.

Nowy Wełnowiec is the first largescale mixed-use project in Poland to achieve the BREEAM Communities Interim certification.

The opportunity

Capital Park Group seeks partners for co-development, investment, and long-term collaboration in this flagship project. Opportunities include residential, retail, hospitality, educational, and cultural facilities. The project’s phased approach allows for flexible investment models, including joint ventures.

Financials

The estimated cost of the whole investment is PLN3 billion (€700 million). The development encompasses approximately 300,000 sq m of above-ground usable space. While specific financial details are confidential, the project’s scale and scope present significant investment potential across various sectors.

Project sponsor

Capital Park Group is responsible for the implementation and management of the project. It is a renowned Polish real estate investor and developer with a track record of delivering innovative and sustainable urban projects, including the revitalisation of Warsaw’s Norblin Factory, which was a winner in the ULI Europe Awards for Excellence 2022.

Significance

Nowy Wełnowiec is set to become a benchmark for sustainable urban development in Central and Eastern Europe. The project emphasises green living, with 10 hectares dedicated to open green spaces, including a 4-hectare central park.

The pitch

Located near Katowice’s city centre, Nowy Wełnowiec offers unparalleled connectivity and accessibility. The project’s design prioritises pedestrian-friendly spaces by relocating car traffic underground, enhancing safety and community interaction.

A blend of historical preservation, modern architecture, and sustainable infrastructure presents a unique opportunity for investors seeking to be part of a visionary urban regeneration initiative.

The project’s location within the Katowice Metropolis amplifies its investment appeal. Metropolis encompasses 41 municipalities with a combined population of approximately 2.1 million residents.

The region is a significant economic hub, generating around 8% of Poland’s GDP and home to over 240,000 enterprises. Its robust infrastructure, dynamic labour market, and concentration of academic institutions position Katowice Metropolis as a leading centre for innovation and sustainable growth.