Optimal Development breaks ground on Bratislava project

15
Oct
2026
News - Optimal Development breaks ground on Bratislava project #Bratislava #Compass Architekti #Optimal Development #Residential #Skanska #Slovakia

by Property Forum | Residential

Developer Optimal Development has begun construction of Matadorka Living, a residential-led mixed-use project on the site of the historic Smaltovňa building in the Petržalka district of Bratislava. The 1905 structure, designed by architect Heinrich Zieger and German firm Wayss & Freytag, once employed 910 people, roughly one third of Petržalka's population at the time. After decades of neglect, the site is now being transformed into a new local centre for the district.


Optimal Development, working alongside construction firm Skanska, has preserved 29 reinforced-concrete beams and the double-arch roof skeleton of the original 1905 building. These elements will be incorporated into the new architecture. The characteristic ochre-yellow bricks from the nearby Durvay brickworks, which operated adjacent to the site until 1944, will also return as a visual motif on the facades of the mixed-use sections of the development. At the groundbreaking ceremony on 15 October, one of the original Durvay bricks was placed in a time capsule alongside historical photographs of the Smaltovňa.

"The Smaltovňa was once a natural part of life in this part of Petržalka. Our goal is not to erase its history and simply build something new in its place. We want to build on it. People used to come here to work; today we want to create a place where they will live, work, meet and spend their time," said Oliver Kríž, project manager of Matadorka Living at Optimal Development.

The project will comprise five residential towers rising from the roof of the original double hall, three of them with ten above-ground floors and two with nine. In total, 267 apartments will be available, ranging from one-room units to five-room flats, including duplex loft units. The development will also include 486 parking spaces, office areas with coworking space, and retail premises intended to expand services near the Petržalka railway station, Vienna Gate and Kopčianska Street.

"The former Matador factory site has considerable historical value, but in recent decades it has been among the most neglected areas of Bratislava. It has all the conditions to become a natural part of the city. Our ambition is to bring urban life to this part of Petržalka," said Juraj Benetin of Compass Architekti, the architectural studio behind the project.




New leases

  • Globalworth announced the signing of a lease agreement with B+N Integrated Facility Services, part of the international facility management company LIWO Group, which operates across nine European countries. B+N will occupy approximately 1,500 sqm of office space in Green Court D, Globalworth’s newest development in Bucharest, currently under construction in the Aurel Vlaicu area and scheduled for completion in 2027.
  • 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.

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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