Former St. Gabriel's Monastery in Prague's Holečkova Street will become a hotel

The investment group Cimex plans to reconstruct the former St Gabriel's Monastery in Prague's Holečkova Street and build a hotel there. This was learned from a resolution of the councillors of Prague 5, which plans to conclude a cooperation agreement with the investor. The group bought the monastery in 2019 at an auction from Česká pošta for around CZK 353 million and has since rented the site for events.

According to a resolution of the city council, the owner plans to renovate the late 19th-century monastery into a hotel complex and add a new building with apartments in the northwestern part. This includes the reconstruction of the garden adjacent to the complex and the revitalisation of the public space in front of the monastery. The original frescoes and art of the Beuron school and the important artist Peter Lenz will be preserved and restored, it was reported.

The municipal district plans to conclude a cooperation agreement with the company, by which the investor will commit to provide the town hall with an investment contribution of around CZK 4.3 million. Furthermore, according to the agreement approved by the city council, the company will undertake to build a public pedestrian path connecting Holečka Street with Kinský Garden.

The monastery was built between 1888 and 1891 as a religious house for Benedictine nuns, according to the website of the National Heritage Institute. Part of the complex is originally the convent church of the Annunciation of the Lord, popularly called St. Gabriel. In 1919 the monastery was purchased by the state and the Post Office of the Check Office was established there, which was housed there until 1931. Subsequently, various postal organizations took turns in the premises, until 2016, when the last part of the Postal Museum left it. Subsequently, the Czech Post tried to sell the monastery for several years.

The Cimex Group focuses on real estate investments, mainly hotel, office and residential projects. Its holding includes, for example, the Orea hotel chain.

Source: CTK
Photo: Národní památkový ústav