BPI Real Estate Poland and SPEEDWELL Development are advancing their joint residential investment in Gdańsk, marking a key milestone as the project moves closer to its official launch. The joint venture partners have finalized the purchase of a plot of land at 1 Wiesława Street and obtained a building permit for the first stage of the GEDANIA Riverside Living project. This is an important step towards the start of the investment located on the banks of the Motława River, combining modern and sustainable design with the historic character of the city.
The GEDANIA Riverside Living project will deliver approximately 750 apartments with 36,000 sq m of residential space to the Tri-City market. The investment will be implemented in several stages. The first phase, which is expected to commence soon, will deliver a total of 6,477 sq m of usable floor area. The first phase will include both premium apartments and investment apartments for rent. The project will include a diverse range of apartments, from studios to spacious four-bedroom units, each with a functional layout. The diverse functional structure of the project responds to current market needs and the growing interest in investment products.
“The purchase of the land on Wiesława Street and obtaining a building permit is a key moment for us in the process of preparing a new investment in Gdańsk. The potential of this market remains very high, which is why we treat our return to the city with another residential project as a symbolic return to our roots – it was here that we started our first investment in Poland – Cztery Oceany. We are pleased to be implementing this project in partnership with SPEEDWELL as part of a joint venture, combining the experience, expertise and international know-how of both companies to create a high-quality residential development,” said Frederik Lesire, Country Director of BPI Real Estate Poland.
“Our cooperation with BPI Real Estate Poland on this project reflects a shared commitment to quality, responsibility, and long-term value creation. From the very beginning, we have approached this development with a strong sustainability mindset — not only through energy-efficient technologies , but by shaping a green, people-oriented environment aligned with the 15-minute city concept. This marks SPEEDWELL’s second living project in Poland, following the sustainably 14-storey TRIBERA Mokotów Warsaw student housing to be delivered this year, and represents a compelling opportunity to live or invest in a vibrant city like Gdańsk.” said Michał Stępień, Country Manager Poland at SPEEDWELL Development
One of the greatest advantages of the GEDANIA investment will be its unique location on the Motława River, in the immediate vicinity of Gdańsk’s historic urban fabric. The project will be distinguished by its intimate, low-rise buildings harmonizing with the surrounding buildings and an attractive brick façade referring to the architectural character of the city. In the immediate vicinity of the development, there are riverside boulevards and walking paths that will improve the quality of life for residents. The project will be designed for people looking for a peaceful, green environment, yet with easy access to the dynamic, cultural, and business part of the city.
GEDANIA will be implemented in accordance with the principles of sustainable development, which form the foundation of BPI Real Estate Poland’s strategy while also reflecting the core DNA of SPEEDWELL, where sustainability has been a defining element and a pivotal pillar of every project since the company’s launch more than a decade ago. The project includes solutions that promote energy efficiency and high-quality common areas, ensuring comfort for future residents.
The start of sales and construction work is planned in the near future.
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BPI Real Estate Poland is a residential developer with 15 years of experience on the Polish market, belonging to the Belgian capital group CFE. The company’s portfolio comprises a total of 15 residential projects. These are completed investments: Czysta4 and Bulwary Książęce in Wrocław, Vilda Park and Panoramiqa in Poznań, Cztery Oceany in Gdańsk, Bernadovo in Gdynia, and Rezydencja Barska, wolaRE, Wola Libre, Wola Tarasy, and Chmielna Duo in Warsaw, as well as those under construction: PianoForte in Warsaw and Cavallia, a multi-stage mixed-use complex being developed in Poznań in cooperation with Revive Poland, as well as investments in Gdańsk and Poznań that are being prepared for implementation.
BPI Real Estate Poland operates in the premium real estate segment, and the company’s development strategy is based on the diversification of residential projects in key markets in Poland. In 2025, the company acquired the Moniuszki Tower office building in Warsaw with a long-term plan to convert it into a residential property through a sustainable adaptation strategy.
In line with BPI’s motto, Urban Shapers For Good, the developer’s mission is to shape better-designed cities. The company creates architecturally and aesthetically thoughtful investments that increase comfort, ensure lasting investment value and contribute to building a more sustainable world. Each project is characterized by an attractive location in line with the 15-minute city concept, careful design, and attention to the well-being of users. The company offers solutions that support sustainable mobility in its projects, such as bicycle infrastructure and facilities for eco-friendly transport.
BPI Real Estate Poland implements investments that are resilient to future changes, implementing sustainable development standards and modern technologies that increase the energy efficiency of buildings, which translates into real benefits for customers. The developer also focuses on the quality of customer service – from the purchase of an apartment to the after-sales stage – building long-term relationships and trust.
For more information, visit: www.bpi-realestate.pl
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SPEEDWELL Development is a trusted premium real estate developer active in Romania and Poland with Belgian roots, building residential, mixed-use, office, commercial, and industrial destinations on a foundation of structural discipline and real sustainability. With more than ten years of experience in Romania, the company has developed projects across Bucharest, Cluj-Napoca, Timișoara, Râmnicu Vâlcea, and Brașov, totaling approximately 160,000 sqm of office and retail space, over 5,500 apartments, and 23,000 sqm of industrial space, with a total development value of around €2 billion.
Sustainability has been embedded in SPEEDWELL’s development model since its early projects in Romania. The company has been among the early adopters of nZEB residential standards and has delivered projects targeting internationally recognized certifications such as BREEAM and Green Homes. Through MIRO in Bucharest, SPEEDWELL introduced a new generation of energy-efficient office development, integrating advanced HVAC systems, high-performance building envelopes, and long-term operational efficiency strategies. In Cluj-Napoca, RECORD PARK set a benchmark for mixed-use urban regeneration, combining residential, retail, and public space within a coherent sustainability-driven masterplan. Across its portfolio, the company has implemented photovoltaic systems, EV charging infrastructure, optimized energy consumption strategies, and lifecycle-oriented design — positioning itself among the pioneers of structurally integrated ESG development in Romania.
Since June 2024, SPEEDWELL has expanded into Poland, strengthening its regional footprint in Central and Eastern Europe. In Warsaw, the company is developing TRIBERA Warszawa Mokotów, its first purpose-built student housing project in Poland, comprising 675 beds across 565 rooms, designed to meet modern ESG and operational performance standards. In Gdańsk, SPEEDWELL is advancing a new residential development that reflects its long-term, sustainability-focused approach to urban living. Through its Polish expansion, the company reinforces its cross-market expertise, disciplined growth model, and commitment to building destinations intentionally designed for enduring communities and built to perform over time.
In Romania, SPEEDWELL continues to advance major projects including QUEENS District in Bucharest, GLENWOOD ESTATE, THE MEADOWS, THE IVY, PALTIM in Timișoara, and its expanding SPACEPLUS logistics platform dedicated to SMEs — all developed under a phased, controlled growth strategy aligned with long-term value creation.
For more information, visit: www.speedwell.be
More information:
Anna Siwek
Senior Communication Officer BPI Real Estate Poland ([email protected] , +48 667 020 070)
Răzvan Ionescu
Marketing Manager SPEEDWELL Development ([email protected] , +40 745 208 891)