AFI Czech Republic has officially begun construction of its new rental project AFI Home V Korytech in Prague 10 featuring 519 residential units. Construction will proceed in two phases that started simultaneously, with the first phase completing in Q2 2028 and the second a year later. Metrostav DIZ serves as the general contractor.
"Project AFI Home V Korytech represents a significant expansion of our rental housing portfolio in the metropolis. We see Strašnice as a dynamically developing district with extraordinary potential," says Elena Pisotchi, Manager of AFI Home rental housing.
AFI Home V Korytech comprises two elegant buildings connected by a shared basement, designed by m4 architekti studio. Residents will have access to a 24-hour reception and professional building management handling all maintenance and minor repairs. The development includes an underground car park with 400 spaces, individual storage units, and seven commercial spaces on the ground floor.
The project combines ecological solutions with maximum resident comfort. Green roofs and photovoltaic panels reduce energy consumption, while a quiet inner courtyard with abundant greenery creates a pleasant microclimate. Electric vehicle charging stations are prepared for car owners, and cyclists will appreciate practical facilities including a hose for washing bikes. The complex's centrepiece is a private atrium reserved exclusively for residents.
"In AFI Home V Korytech we go beyond standard ESG requirements. We don't view sustainability as an obligation, but as an opportunity to create a better place to live. The planned transformation of the former railway corridor into a modern pedestrian and cycling route will soon enhance the location's attractiveness," adds Pisotchi.
Strašnice provides a balance between residential tranquillity and excellent transport accessibility. Metro, trams and train connections guarantee quick access throughout Prague. The nearby Lidl and expanding local shops serve daily needs. The planned Drážní promenade, inspired by New York's High Line, will connect Vršovice with Strašnice via an eight-metre-wide route with separate lanes for cyclists, pedestrians and runners.
