1 Asset Management, is launching a modern co-living project in the Wrzeszcz district of Gdansk (Gdańsk Wrzeszcz), on Grunwaldzka Avenue. The construction permit for the project was issued on December 31, 2025, construction began in February this year, and completion is planned for summer 2027. The total project value is expected to reach EUR 27 million.

The project is being developed by Gdansk-based Upside Property, while Atlas Ward Polska, a general contractor with more than 26 years of experience and over 850 completed projects in Poland, has been selected as the main contractor.

11,400 sq. m complex with 375 rooms and 528 beds

The project is planned to include 375 rooms, comprising approximately 6,800 sq. m of residential space. The total usable area of the building will reach 11,400 sq. m. The building will have seven floors with one underground level.

The developers place significant emphasis on shared spaces, and the building will also include commercial and retail premises. The project aims to obtain a BREEAM In-Use certification rated Very Good or higher.

The project will be fully adapted for people with disabilities – some of the rooms will be specially equipped for guests with mobility or other impairments.

Strategic location and infrastructure investments

The building will be located next to the Galeria Bałtycka shopping center and the Gdansk Wrzeszcz railway station, with direct access to tram lines and bicycle paths.

Around 40 trees are planned to be planted within the project, and public infrastructure around the building will also be upgraded, including pedestrian walkways, bicycle lanes, access roads, and crossings.

Will expand the Poland student housing portfolio to 2,340 beds

“This project responds to the growing demand for modern co-living accommodation in Gdansk. We are pleased to have completed the preparatory phase and to be moving into the construction stage. We have selected strong development and construction partners who will ensure smooth project implementation and the highest quality standards. The project will complement the CEE Student Housing Fund, which invests in modern student housing across the CEE region, and will strengthen the Poland portfolio, which already includes three such projects – one in Krakow and two in Warsaw. The project being developed in Gdansk will become part of the SHED Living network of modern student housing. Once completed, the total number of beds in the Poland portfolio will reach 2,340,” says Matas Mockeliūnas, Partner of the CEE Student Housing Fund managed by 1 Asset Management.

This operation benefits from support from the European Union under the InvestEU Fund