Sekyra starts office district construction in Prague Smichov

Developer Sekyra Group is launching the second stage of its extensive project of the new Smíchov City district in Prague, reports E15.cz. Three administrative buildings are planned to be built here, including the new headquarters of Česká spořitelna and a hotel.

The private project worth CZK 35 billion (€1.41 billion) will be followed up by the city and the Railway Administration, working here to modernize the railway and build a new transport terminal. Public investments will reach another CZK 15 billion (€607 million).

The development group has almost completed the first residential stage of the new construction on the former railway brownfield. The second stage begins close to the Smíchov railway station and will be the most extensive of all four project phases.

The campus of Česká spořitelna will consist of four buildings, with a pedestrian boulevard leading between them. The headquarters will also include a multifunctional auditorium for 380 people, connected by an outdoor tribune with a stage for 150 spectators. A Financial Education Center for students and seniors will also be built on campus. In addition, there will be a forest nursery and apiaries.

The Austrian architectural studio Baumschlager Eberle Architekten designed the campus with the Pavel Hnilička Architects+Planners office. The construction will be carried out by a consortium of construction companies led by Strabag, according to which it is the largest construction of this type in the Czech Republic in the last few years.

In the administrative part of Smíchov City, the developer will also build a covered market with the working name Smíchov Market.

At the end of this year, the developer wants to start the third phase of construction, as a continuation of the residential area on the north of the district. As part of this stage, more than thirty houses with eight hundred apartments will be built here. Parking will be provided by underground garages.

The fourth construction phase will be adjacent to Radlická Street and a public space should be created here. It will include the building of the Radlická cultural sports centre, which the developer must preserve and which will become the centrepiece of the future square. The new district should be ready in 2032, twelve years after the construction starts. Up to twelve thousand people could work or live here.

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Source: E15, Property Forum