Central Group shows updated design of Žižkov quarter in Prague

21
May
2024
News - Central Group shows updated design of Žižkov quarter in Prague #Central Group #Czech Republic #Prague #residential

by Property Forum | Residential

The new design of Nový Žižkov Centre has revealed the most significant change of replacing the original design of 3 towers reaching a height of 100 metres with only one centrally located undulating tower. The investor of this project in Prague 3 is the Czech residential builder Central Group.


Architect Jiřičná won a major international architectural competition with her design for the Nové Žižkov Center in Prague. The expert jury chose the winner from proposals from 98 studios from 30 countries. Subsequently, modifications to the winning project took place for five years according to the requirements of several different institutions, to achieve agreement on the heights and the overall design of the building. Eva Jiřičná is now presenting her fundamentally revised proposal to the public.

The current modified proposal consists of five design-solved buildings with a dominant 80 m tower. They contain more than a thousand apartments of various sizes. The apartments here will be intended for both ownership sale and long-term rental. Central Group will build a kindergarten at its own expense and hand it over to the Prague 3 Municipality for free. The dominant undulating tower in the centre of the site is designed as an eco-smart building. Greenery with automatic irrigation will be integrated in the balconies of the tower, creating a "vertical garden". In addition to the height-dominant white tower with 25 floors, other lower residential buildings will be built here.

There will be more than 15,000 sqm of public green areas and a new square with a water feature. Many commercial spaces for small shops, services, restaurants and cafes will be created on the ground floor of the buildings in the main communication zones.

"The project is now in an advanced stage of discussion and the change of the land plan from a special technological function to a mixed function is being finalized. The demolition of the former telecommunications complex is being completed and design work on the new proposal is already underway. We anticipate the start of construction after obtaining a building permit in about three years," says Dušan Kunovský, Founder and Head at Central Group.




Latest news


New leases

  • The global fintech group - Capital.com - has extended its lease agreement for 3,000 sqm of office space in the Skyliner office building in Warsaw until 2032. Over the past 12 months, lease extension agreements for a total of nearly 12,000 sqm have been signed in the building.
  • REHAU, a global manufacturer of advanced polymer solutions, has signed a lease for approximately 4,100 sqm of space at MLP Business Park Poznań. The new facility will integrate warehouse operations with modern office space and a dedicated showroom for product presentations, corporate meetings, and technical training.
  • RecuNova has leased 305 sqm in the Bucharest-based Olympia Tower office building for a new medical clinic. The lease deal was brokered by Activ Property Services.

New appointments

  • Romanian office developer Genesis Property has appointed Cătălin Niculiță as Leasing Manager. With nearly 20 years of experience in the real estate industry, he has held leadership roles at real estate companies such as Atenor, collaborating with major office tenants in the banking, telecom, and IT sectors.
  • Krzysztof Wróblewski (MRICS) has been named Head of Portfolio Management CEE at Peakside Capital Advisors, responsible for overseeing investments and managing the real estate portfolio. He succeeds Christopher Smith in this role.
  • Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.


Latest news

News - Shopper Park Plus closes Polish retail park deal
06
Mar
2026

Shopper Park Plus closes Polish retail park deal

by Property Forum
Shopper Park Plus' successful capital raise covering approximately 50% of the transaction value has enabled the acquisition of a strategic portfolio of eight Auchan hypermarket anchored assets across Poland, with the remaining amount financed through a loan facility signed with Aareal Bank AG last week, marking a significant milestone in the company’s continued expansion within food-anchored retail real estate. The favourable financing terms further enhance the portfolio’s strong cash-flow generating capacity and support SPP’s intention of increasing dividend per share in the future.
Read more >
News - 7R enters Germany with €200 million investment partnership
06
Mar
2026

7R enters Germany with €200 million investment partnership

by Property Forum
7R, the property developer of logistics and industrial facilities with operations in Poland and Czechia, is entering the German market and signed an SMA partnership to invest €200 million in the development of industrial, warehouse and logistics projects across the country.
Read more >
News - Capturing yield in CEE: Gránit AM’s playbook for the next market cycle
05
Mar
2026

Capturing yield in CEE: Gránit AM’s playbook for the next market cycle

by Property Forum
Gránit Asset Management is pursuing a focused investment strategy across a corridor of Central and Eastern European capitals. In this interview, Álmos Mikesy, CEO of Gránit Asset Management, explains the thinking behind the firm’s “5B Strategy”, why high-quality offices remain a core part of the portfolio and where the company sees the best entry opportunities as the regional real estate cycle begins to shift.
Read more >


Property Forum ABOUT US

Property Forum is a leading event hub in the CEE real estate industry with over 10 years of experience. We organise conferences, business breakfasts and workshops focused on real estate, in London, Vienna, Warsaw, Budapest, Bucharest, Bratislava, Prague, Zagreb and Sofia, amongst other locations.
Please send press releases to
newsdesk AT property-forum DOT eu
MORE >

CONTACT

NEWSLETTER

 

Property Forum © 2017 – 2026 | Terms & conditions | Privacy policy