Skanska begins construction of large-scale residential district in Prague’s Malešice

by   CIJ News iDesk III
2025-05-21   07:22
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Skanska Residential has launched construction of a major new housing development in the Malešice district of Prague. The project, named Habitat, will deliver approximately 1,000 new apartments over the next decade on a 70,000 sqm brownfield site in Prague 10, along Černokostelecká Street. The total investment is expected to reach into the higher billions of Czech crowns, with the first phase valued at CZK 851 million and scheduled for completion in 2027.

The development is being designed by international architectural firm Chapman Taylor, which previously worked on the W Hotel and Flow Building on Wenceslas Square and Scott.Weber offices in Holešovice. The firm’s architect, Filip Pokorný, described Habitat as a contemporary residential neighborhood that will reflect current trends in urban housing and sustainability.

The first construction phase will include 125 apartments and six non-residential units. A variety of layouts will be available, including mostly 2+kk and 3+kk units, with some smaller 1+kk and larger 4+kk apartments on upper floors. Each unit will feature a private balcony, terrace, or loggia. The development will also offer underground storage spaces, a stroller and bicycle room, and 135 garage parking spaces.

Designed with environmental considerations, the buildings will incorporate photovoltaic panels expected to generate up to 31 MWh of electricity annually. Other sustainable features include greywater recycling systems and technology to reduce potable water consumption. Outdoor spaces will include green areas, a bike path, playgrounds, a community garden, and gazebos to promote leisure and social interaction.

Habitat is one of several residential projects Skanska is currently developing in Prague. These include ongoing or planned phases at Modřanský cukrovar, Albatros Kbely, and Emil Kolben in Vysočany, as well as new buildings on the site of the Michelin Bakery and a timber structure in Radlice. Since entering the Czech market in 1997, Skanska Residential has built more than 9,000 apartments in the capital.

According to a joint market analysis by Skanska Residential, Trigema, and Central Group, apartment sales in Prague reached 2,550 units in the first quarter of 2025, marking a 60% year-on-year increase and the highest Q1 result in 15 years. Average listed prices rose to CZK 167,947 per sqm, up 10% year-on-year. Skanska reports that 60% of the units in the first phase of Habitat have already been sold ahead of completion.

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