PSN begins major renovation of apartment building in Žižkov, adding seven commercial spaces

PSN has commenced a full-scale renovation of an apartment building in Prague’s Žižkov district, which will see the creation of 54 new units – 47 residential apartments and seven commercial spaces. The project will feature upgraded communal areas and a refreshed exterior with modern design elements. Additionally, PSN plans to develop a community zone with seating in a tranquil courtyard. A model apartment will be available from November 2024 for prospective buyers interested in contemporary urban living. The renovation is expected to be completed by June 2025, with owners moving in by the third quarter.

The Jeseniova project will offer 47 apartments with layouts ranging from 1+1, 2+kk, to 2+1, and floor areas between 48 to 103 sqm. Each unit will come with a new basement. The seven commercial spaces will retain the building’s original character while incorporating modern elements, such as new shop windows and updated window fittings.

The seven-story building, including an underground floor, will undergo a thorough renovation. This will include a new facade, refreshed staircases and railings, updated flooring, and modernized utility systems. A glass elevator will be added to enhance accessibility. To elevate the aesthetic, the common areas will feature marble tiles, cut-glass lighting, and designer mailboxes. The renovation will also ensure minimal maintenance costs in the future.

For added security, oak security doors with chip access systems and a camera system will be installed. Residents will also benefit from practical touches such as a designated cleaning room and a landscaped courtyard with raised beds, creating a relaxing communal space.

“The careful renovation will preserve the building’s historic charm while adapting it to modern living needs. It will offer a serene home environment for individuals, couples, and families,” said Jaroslav Macháč, Director of Residential Projects at PSN. He added, “The Jeseniova project also presents a strong investment opportunity, as Žižkov remains a highly desirable area for rental properties. The commercial spaces are perfect for shops and services.”

Žižkov is renowned for its vibrant cultural scene, offering a wide variety of restaurants, bars, and cafes. The area around the Jeseniova project is well-served by businesses, schools, and healthcare facilities, including the Královské Vinohrady University Hospital. The nearby Aero Cinema provides diverse entertainment options, while excellent transport links, including a tram stop directly outside the building, ensure convenient access to central Prague within 15 minutes by car.

Nature is also easily accessible, with the Vítkov Monument park just minutes away, offering jogging trails, bike paths, and picnic spots with stunning views of the city. Parukářka Park and Židovské pece, both ideal for outdoor activities, are nearby, as is the Pražačka sports complex.