Crestyl plans to build 224 flats in Prague 6

26
Apr
2023
News - Crestyl plans to build 224 flats in Prague 6 #brownfield #Crestyl #Czech Republic #Prague #residential

by Property Forum | Residential

Crestyl has unveiled its new residential project. The project will be built next to the vast Šárka Nature Park in Prague 6 on the site of the current Šárka Business Park industrial and logistics complex (former Aritma). The new free-access residential area with park areas will include 18 villas with a total of 224 apartments, six family houses near the border with the forest land, a kindergarten and premises for services and shops. The architectural and urban design of the buildings and public spaces emphasises the connection with the nearby forest. The project received final planning permission in February this year. Construction of the first phase, which will include 108 apartments, is scheduled to start next year. The total investment will exceed four billion crowns (€170.15 million).


"Our intention is to replace the current closed industrial area with a quiet and freely accessible residential area with greenery because we emphasize public space in all our projects. This is how we approached the site and we prepared the entire project to respect its surroundings and to connect naturally with Šárecký Forest. In addition, we carefully discussed everything with Prague 6 and local associations so that our project would be a real asset to the area," explains Crestyl's director Simon Johnson.

The Šárka project will include 18 villas with a total of 224 apartments and six family houses, which will be located right next to the forest. The apartments will range in size from 2+kk to 5+kk and floor area from 62 sqm to 125 sqm, the project will also include luxury penthouses. All apartments will have large terraces or balconies or front gardens. As is customary with Crestyl Group projects, the apartments will be characterized by high-quality materials and an emphasis on functional design. Each apartment will be equipped with air conditioning and front window blinds. In designing the exteriors and interiors, the architects took inspiration from the natural materials found in the natural park adjacent to the project - for example, the houses will be clad in stone tiles. Of course, there will be a communal reception, which will be located in the service building at the entrance to the site. Car parking is brought underground and the space between the new houses will be airy and quiet. The author of the design of the buildings is the architectural office Loxia, and under the public space, is signed studio Šmídová Landscape Architects.

The new area on the site of the former factory will also include a new kindergarten for 50 children, which Crestyl will transfer to the municipality free of charge upon completion, thus expanding the existing network of kindergartens in Prague 6. The aim is to lease these premises for a shop, doctors' offices or a café, for example. A new playground and sports field with exercise elements will be built on the edge of the area next to the forest. Everything will of course also serve the residents of the surrounding area. Crestyl will also be involved in the implementation of smart transport solutions throughout Vokovice. The architectural design of the Šárka project's public space emphasises the connection with Šárecký Forest. The inner parterre visually "grows" out of the surroundings and the newly planted trees and plants are of the local type with a predominance of pine trees. The heart of the whole residential area will be a park with water features. A significant positive benefit for all residents and visitors will be the opening up and making the whole area more accessible.




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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