Penta RE holding architectural competition for Žížkov station resi

Penta RE holding architectural competition for Žížkov station resi

Published at: 2019-02-06 10:44 | Author: CIJEurope.com
Penta Real Estate is organizing an international architectural competition for its residential development at the former Žižkov cargo station in Prague 3. Five studios will be awarded €10,000 for advancing to the second and final round of the competition, with the jury to be made up of representatives of the developer, the city and by independent architects. Penta's director for residential construction David Musil told the Czech News Agency that the brownfield site will eventually accommodate up to 1,000 new flats, once all the projects planned there are completed. Central Group and Sekyra Group are also planning projects for the old station complex, where a construction ban is still in effect pending a change to the master plan. Penta Real Estate is working together with Czech Railways and SUDOP in a consortium name Railreal on the project which envisions around 500 new apartments. Construction is expected to begin in 2021.

Similar Stories:

Banks now in competitive battle for mortgage clients
Mortgage rates continue to fall in the Czech Republic, but the trend is failing to stop th  »
Housing prices in Montenegro rising steadily
The average price of flats in Montenegro has increased by 18 percent since the beginning o  »
Boulevard opening in front of Stanica Nivy pushed back to fall 2020
Completion of the boulevard that's being built at Mlynske Nivy in connection with the  »
Foreigners behind a fifth of Prague residential sales
Foreign buyers have been behind 20 percent of all flat sales in Prague so far this year. T  »
Where do you see your company going over the next two years? Since I became GM of the co   »
Construction has begun on Bispevika, a brownfield project along Oslo’s waterfront that   »
PSN has sold 350,000 sqm of land to the dominant Czech residential developer Central Group   »
Investors from China, Russia and other countries are leading a growing influx of foreign f   »