Prague 5 agrees with the southern part of the Smíchov city project

The management of Prague 5 agrees with the southern part of the new Smíchov City district, which is being built by the development company Sekyra Group on the brownfield of the former freight station in Smíchov. The company will donate or sell land for the construction of a primary school to the town hall for a symbolic price. The deal was approved last week by city councilors. Last year, Sekyra began building the northern part of the large-scale project, the southern one of which is to include Česká spořitelna's headquarters, office buildings and a hotel with shops.

The southern part of the project is now in the phase of preparing documentation for the zoning decision. The first residential in the northern part of the Na Knížecí bus terminal began construction last September. In total, almost 400,000 sqm of residential, administrative, commercial or public areas, including a kilometer-long pedestrian boulevard, are to be built on the site of the former freight station.

The city district plans to build a school in the new district, for which it should obtain land from the developer according to the agreement and should have a value of CZK 82.9 million. At the same time, the investor undertook to cooperate in the preparation of the school and its connection to the adjacent park and technical infrastructure. The preliminary agreement is to be followed by other legally binding documents.

The construction of the new district is connected to transport constructions, the largest of which is the transport terminal at the Smíchov railway station. It will finance the capital and is expected to cost several billion crowns. A bus terminal will be built on the roof of the current train station, which the state plans to reconstruct. There are also plans to catch a P + R car park and build a new footbridge at a different location than the existing one.

Source: CTK and Sekyra Group