‘Ecopolis HTZ’ High-Tech Business Park, a long-term investment project of Aleksandr Yaroslavskyi's DCH group, will be developed with the involvement of Cushman & Wakefield Ukraine.
A global team of Cushman & Wakefield experts will develop commercial concept, establish a strategy for attracting anchor tenants and residents, and provide consulting support for the development of the project's general layout.
“Given the scale and uniqueness of the Ecopolis HTZ , DCH initially focused on working with one of the Big Four global real estate consultants. We know that the Cushman & Wakefield team has extensive experience in implementing complex infrastructure projects, including development of industrial parks, as well as integrated development of large real estate objects. We are sure that we will get the best possible concept for the project with highest infrastructural and commercial value, said Vitaliy Barannikov, Director of Ecopolis KhTZ Management Company about cooperation with C&W.
Ecopolis HTZ High-Tech Business Park will be located on the vacant production areas of the well-known from the Soviet period Kharkiv Tractor Plant (KhTZ). The KhTZ production complex will become an anchor resident of the industrial cluster. The redevelopment will be carried out on an area of about 150 ha. It is planned to build more than 500,000 sq m of office, warehouse, industrial and other premises. The planned volume of investments for the development of Ecopolis HTZ is estimated at $ 1 billion until 2033; at least 10,000 new jobs will be created due the project. The business park will include an industrial park, a techno park (IT and R&D clusters), a logistics complex with an e-commerce distribution centre, agro-technology and trade clusters, medical and educational centres.
Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm. More than 53,000 experts in over 60 countries help investors and landlords deliver exceptional value to their properties. Cushman & Wakefield is one of the largest commercial real estate consulting companies in the world with an annual revenue of $ 8.8 billion. Core services: property management, project management, capital markets, strategic consulting, valuation, agency and other services. The company's experts have experience in implementing large scale projects in industrial regions of Poland, developing and repositioning an office area to attract talent commissioned by the Brussels government, regenerating and redeveloping the territory of a former steel mill in the centre of Prague, redeveloping the territory of a former industrial facility in Krakow, Poland. In addition, Cushman & Wakefield's portfolio includes participation in one of the largest projects in the Kingdom of Saudi Arabia, implying the development of a new city for $ 26.6 billion.
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