Prague to acquire Žižkov Freight Station for CZK 1.43 billion from ČD

Prague city councillors have approved the purchase of the historic Žižkov Freight Station building and adjacent land from České dráhy (ČD) for approximately CZK 1.43 billion (including VAT). The city plans to transform the large listed structure into a multifunctional center featuring cultural facilities, a school campus, apartments, and offices. The transaction also includes land required for the construction of a tram line to improve connectivity for the emerging residential district around the station.

The freight station and surrounding land are currently owned by ČD, which had previously partnered with the Sekyra Group development company in a joint venture. Sekyra Group holds the right of first refusal for the southern portion of the land, where it intends to construct residential units. Following negotiations, Sekyra Group waived its right to purchase the station itself, securing assurances from the city that its planned housing development would not be hindered.

The redevelopment aligns with plans for a new district expected to house up to 15,000 residents. Developers such as Central Group, Penta, Finep, and Sekyra Group have already initiated or announced projects in the area. The renovated station building will provide key public amenities, including a school, while also offering commercial leasing opportunities to generate revenue for the city.

Zdeněk Kovářík (ODS), Prague’s finance councillor, emphasized the importance of balancing public use with profitability, ensuring that the project generates sustainable income. Adam Zábranský (Pirates), the city’s property councillor, added that while previous studies explored various uses for the building—including potential interest from the National Film Archive—a solid economic framework remains crucial. To this end, the municipal property department, in collaboration with Trade Centre Praha, will prepare a comprehensive business model for the station’s future operations by March next year.

A two-kilometre tram line will be constructed through the new district, connecting Jana Želivského Street to Jarov Street. Utilizing portions of the existing railway track, the line will improve accessibility and ease traffic in the surrounding area. Prague’s transport company aims to begin construction next year, with part of the purchased land facilitating the project. Additionally, the new Jarovská Street will link the district to the planned inner ring road, alleviating congestion on Jana Želivského Street.

The Žižkov Freight Station, a Functionalist masterpiece built between 1934 and 1937 by architects Karel Caivas and Vladimír Weiss, was listed as a cultural monument in 2013 following prolonged public opposition to its demolition. Once a bustling transshipment hub, the station ceased operations in 2002, with the railway line officially closed in 2016. Today, the largely vacant building hosts a few businesses and artist studios, awaiting its revitalization as a vibrant focal point for the new district.

With this acquisition, Prague takes a significant step toward preserving a historical landmark while addressing modern urban development needs through a mix of housing, infrastructure, and public services.

Source: CTK