MiddleCap moves ahead in permitting of Bratislava resi project

09
Aug
2024
News - MiddleCap moves ahead in permitting of Bratislava resi project #Bratislava #MiddleCap #residential #Slovakia

by Property Forum | Residential

MiddleCap Real Estate is planning to build a mixed-use project New Center Ružinov on the plot of a former department store in Ružinov, Bratislava, reports Yimba.sk.


The project called Nové centrum Ružinova (New Centre Ružinov), which is supposed to replace the abandoned remains of the department store, has already received the statement of the Ministry of the Environment of the Slovak Republic after two and a half years of EIA process. MiddleCap Real Estate (under MCP Development) has been working on all the necessary permits to change the original project and start the construction of the new one since the beginning of 2021. 

The developer has now applied to change the previous zoning decision issued for the project back in 2005. The new proposal brings a reduction in the volume of the building and the number of parking spaces and includes changes in function.

The investor introduced a mixed-use and residential complex. The massing is divided into four levels. The ground floor is dedicated to office and service premises followed by the level of eight four-floor sections with studios, offices and smaller apartments. The third level is designed as a concrete slab bearing hanging gardens. Apartments on this level will have private front gardens.

The development offers 198 apartments on almost 23,500 sqm and 22,500 sqm with a non-residential function. The construction of new buildings will require the demolition of the existing skeleton. It is difficult to estimate the end of the permitting procedure. However, the site cleanup will probably not start before 2025.




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  • IAG GBS Poland, the shared services arm of the International Airlines Group (IAG), has finalised a lease renewal for 2,246 sqm of office space within the O3 Business Campus in Krakow. The decision to remain in the current location followed a comprehensive market analysis and workplace audit conducted by Savills.
  • Golden Star Estate has secured two ground-floor tenants at its Warsaw-based Konstruktorska Business Center. 5 SENSES has signed as the new canteen operator, occupying 560 sqm of ground-floor retail space. Concurrently, CONTRACT Meble Biurowe has extended its commitment to the property. The firm, which has operated a publicly accessible showroom at the site since 2021, renewed its lease for 350 sqm on the ground floor.
  • American retailer GAP entered the Romanian market at Fashion House Militari, followed by the launch of an Italian Stefanel store at Fashion House Pallady, with a further Stefanel location scheduled to open shortly in Militari.

New appointments

  • Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.
  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.
  • Czech investment group SCF has expanded its team by appointing Jan Simandl as Senior Leasing Team Leader. In this role, Simandl will oversee leasing activities across the company’s commercial property portfolio. He previously worked for CPI Property Group and CBRE.


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