News Article Czech Republic Prague reconstruction residential retail park shopping centres UDI
by Property Forum | Residential

Developer UDI Group will launch a residential development in Prague directly opposite the Lužiny metro station. With an investment of more than CZK 1.3 billion (€52.6 million), two apartment buildings will be built here to complement the shopping centre, in line with the original plan from the 1980s. 

The construction of the apartment buildings will also include the reconstruction of the roof of the shopping centre. This will be partially greened with extensive greenery, and the roofs of the new buildings on the tenth floor will even be intensively greened. The houses also envisage greenery on the façade in the form of trees and other plants on all floors. Over 300 apartments and more than 300 parking spaces will be built on the site. The total investment in the project is estimated by UDI Group at more than CZK 1.3 billion (€52.6 million). The final design was developed by Hlaváček & Partner. The investor selected Metrostav as the general contractor in the tender procedure.

"Our project is based on the original intention of the urban planners and architects of the Jihozápadní město, who wanted to create a local centre here. During the negotiations, both the state authorities and the city set very high demands and requirements, which we fully met. The result of the negotiations is two residential buildings that will complement the Lužiny Shopping Centre on both sides. Although the project is being built on a limited plot of land, it will bring higher quality and even a lot of greenery to the site. Parked cars and supplies will disappear from the streets, everything will be moved into the building and underground. The greenery will be not only on the roofs but mainly on the facade of the new buildings," explained Marcela Fialková, Director of Strategy at UDI Group. According to her, the extensions will also complete the transformation of the shopping centre, which UDI Group started ten years ago with its major reconstruction.

According to Zuzana Čižmáriková, UDI Group's sales director, both apartment buildings will have direct access to the shopping centre, which, in addition to the Billa supermarket and other shops of all kinds, also offers amenities such as a library, fitness centre, children's playroom, hairdresser, restaurants and cafés, and several other service facilities.