UDI Group has obtained a building permit for Building A of its SIDE Smíchov Living project. The project in Prague's Smíchov district enters the implementation phase following the building permit for Building B. Building A is the second of three planned buildings, with construction expected to start in Q2 2027.
SIDE Smíchov Living is being developed on a former brownfield site between Strakonická and Nádražní streets. A new urban district will be created here with around a thousand flats, shops, services and publicly accessible green spaces. The total investment will reach almost CZK 6 billion (around €247 million).
Building A, primarily residential, will be designed as a through-block with four sections, each with its own communication cores and separate entrances from the courtyard. The building will have nine above-ground floors and one underground floor, offering mainly smaller flats with 1+kk and 2+kk layouts.
"Obtaining the building permit for Building A follows the permit already obtained for Building B and confirms that the project is moving into the implementation phase according to plan. During this year we also expect the permit for the third building," says Tomáš Kaluš, Director of UDI Group for the Czech Republic.
SIDE Smíchov Living is one of UDI Group's main residential projects. The total gross floor area reaches almost 58,000 sqm and its construction is divided into three phases. Completion of the first is planned for the turn of 2028 and 2029. Pre-sales of the first flats began at the start of May this year.