News Article Czech Republic development Flow East mixed-use office Prague retail
by Property Forum | Retail

Flow East announced the topping out of its landmark project being constructed on Wenceslas Square (Václavské náměstí) as contractor Metrostav placed the last beam atop the structure.

When completed in summer 2020, The Flow Building will provide approximately 15,000 square metres of Class A office space and 6,000 square metres of Class A retail premises in the heart of the city’s central business district.

“We have been working towards this moment for more than 13 years. Today brings our vision of creating a truly iconic contemporary building on one of the world’s most historic squares a step closer to reality. The Flow Building will form an integral part of the urban renewal effort of Wenceslas Square while establishing new standards for future developments in Prague,” says James Woolf, CEO and Founder of Flow East.

The interior of the building will showcase modern sustainable and environmental solutions. Pre-qualified by BREEAM with the rating of ‘Excellent’, the building will benefit from nine flexible floorplates of up to 2,500 square metres and an abundance of natural daylight. The building has been designed to incorporate passive technology to reduce client energy consumption, which will reduce energy demand and CO2 emissions.

Primark, the international retailer has leased 4,700 square metres of retail space over three floors. This will be Primark’s first store in the Czech Republic. Primark is working with Flow East to tailor the space to fit Primark’s exact needs.