News Article Bratislava Penta Residential Slovakia Southbank
by Property Forum | Residential

In the coming weeks, Penta Real Estate is planning to submit documentation for the environmental impact assessment (EIA) for the Bratislava Southbank project. The total gross floor area is reaching 210,000 sqm.

The territory is located on the southern bank of the Danube, in the area between Bratislava's Old Bridge, the Apollo Bridge and the Harbor Bridge. The project will be divided into several stages, the implementation is expected to take approximately ten years. It will bring 900 apartments and 85,000 sqm of office and retail space to the location. Currently, the 1st stage is being prepared as part of the architectural study. It will be located on land west of the Apollo Bridge and will bring five residential buildings and an office building to the area. The parking capacity within the entire project will be approximately 3,500 parking spaces, the vast majority of which will be located in underground garages.

In addition, a tram is being introduced into the territory through a change in the spatial plan, and the bypass channel of the Danube in the inundation area is being cancelled.

The start of the construction of the 1st stage is planned for the end of 2026. The preparation and timing of the next stages will depend on the dynamics of the permitting processes and the development of the real estate market.

An international architectural and urban planning competition was announced for the territory in 2022, the winners of which were the leading foreign architectural studios Snøhetta and Studio Egret West in cooperation with the local studio gro architekti.

"The original spatial plan is almost 20 years old, and the need to change is essential to build a compact and pedestrian so-called 15-minutes-city. The lack of use of empty areas in the city centre pushes development to the outskirts of Bratislava into "suburbs", which is contrary to the efficient use of the city's infrastructure, motivates the use of individual car transport instead of public transport and is contrary to climate and environmental goals", said Juraj Nevolník, executive director of Penta Real Estate Slovakia.