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.




New leases

  • UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.

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