Czech developer PSN is to reconstruct a historic building on Strossmayerovo náměstí in Prague, converting it into 21 residential units under the name Rezidence Strossmayer. The project will also include two non-residential units on the ground floor. Residents are expected to move in from the fourth quarter of 2029.
The building was constructed between 1906 and 1910 to a design by architect Richard Klenka. Its Neo-Renaissance facade features stucco decoration and a corner tower with a tent roof. The reconstruction is being prepared in collaboration with JKH Atelier and will preserve the building's architectural character, including its facade, restored communal areas, wooden sash windows and original doors. The courtyard will also be refurbished.
"For buildings like this it is important to distinguish carefully between what needs to change and what has value precisely because it has endured. In Rezidence Strossmayer we want to preserve the character of the original architecture while also addressing the practical aspects of everyday living. Alongside the reconstruction of communal areas, the project therefore includes storage cellars for all apartments and a private fitness facility," said Lukáš Srch, development director at PSN.
The 21 apartments will range in layout from two-room to four-room units, with sizes from 57 sqm to 167 sqm. Buyers will be able to choose between a shell-and-core finish, allowing them to complete the interior to their own specification, or a fully fitted-out apartment available on the top floor.
"Strossmayerovo náměstí is a landmark that many people know from their daily journeys around Prague. The residence offers the opportunity to have a home here, with advantages that include not only the architecture itself but also the location: shops, cafes, cultural venues and public transport are all part of the immediate surroundings," said Jaroslav Macháč, sales director at PSN.
PSN has operated in the Czech real estate market since 1991, focusing on the reconstruction of apartment buildings and the development of residential and mixed-use projects. Its current portfolio includes the revitalisation of the Koh-i-noor factory site in Prague's Vršovice district, the transformation of the Brno Jedna site and a neighbouring brownfield in Brno, and a mixed-use building planned on the former Transgas site in Prague's Vinohrady district, the latter in partnership with Penta Real Estate.
