Karlin Port Real Estate acquired premium residential project

Karlin Port Real Estate announced that it has completed the purchase of Výhledy Košík, a premium residential project that will grow in Hostivař, one of Prague’s greenest districts.

 

Thgether with experienced investor and developer Mr. Jan Dvořák, with unique experience in revitalization of Letňany locality and a few outside of Prague projects, Karlin Port RE is aiming to offer to the market another architectural jewel that will enrich Prague real estate market. Výhledy Košík will comprise of nearly 220 apartments, several retail premises, and a spacious underground parking area. It will participate in the current development of Hostivař, a family-oriented neighbourhood of Prague surrounded by nature parks and forests.

“To make sure Výhledy Košík becomes an integral part of the Karlin Port Real Estate portfolio, we have approached seven renowned Czech architects. Their task is to infuse Výhledy Košík with elegance, sophistication, and modernity, which are, along with the highest quality of construction and used materials, the fundamental pillars of our company,” says Milorad Mišković, a co-owner of Karlin Port Real Estate. The architectural design of Výhledy Košík came out of the competition with seven participants. The winner is the ADNS architects studio, which is now preparing documents for the building process. The acquisition marks a new era in the company’s history as it enters into a new quarter of Prague. So far, Karlin Port Real Estate has developed residential and commercial buildings e.g. in Holešovice, Karlín, Košíře or Vinohrady.

red / Visualization: ADNS Architekt

YIT turns the Meopta factory into modern housing

The exceptional building of the former factory Meopta in Košíře, Prague, awaits yet another part of its life stage. YIT started converting it into the Parvi Cibulka project with 149 original apartments of mostly loft type, which respect the building’s industrial past.

 

YIT do not make it a secret that they consider Parvi Cibulka the gem of their portfolio. “Never, not even for a moment, did we consider for Meopta to be demolished even though the building is not listed. This place situated in the middle of the villa development has great potential and that is why we planned to revitalize it and bestow it with new utilization from the very beginning. It will remain the dominant point of the whole location,” says Vladimír Dvořák, manager at YIT Stavo. The author of the architectural project is the renowned architect Jakub Cigler, who says: “With YIT we agreed that preserving the traditional building discloses the power and potential of the whole conversion. Parvi Cibulka basically comprises seven housing blocks in one row. Thanks to its central entrance with services located in its arcades however make it look like a residential palace. In the project we also partly stem from Finish and Nordic architecture, which will mostly be evident in the interiors combining natural materials with industrial features.”

Stylish housing in many variants

Parvi Cibulka is to include 149 modern, energy efficient and well-appointed apartments of different types and layouts. They all will pride themselves with amazing views of Prague or into the peaceful inner block with a park.

The total of 88 Gallery units is to offer stylish lofts with built-in gallery. The 28 Kreative apartments stem with their originality and can, in time, be changed to suit their occupants. They can, for instance, fit a family with children as they can fit the area with more galleries as required in years to come. Nine Duplex maisonettes characterise two storeys. If someone desires an airy one-story apartment, they will be happy with the nine Industrial units with ceiling heights of up to 3.5 metres. There are 15 one-storey Panorama apartments situated on top floors, which also include four entirely exceptional penthouses with glazed walls; they allow a perfect view of the whole metropolis. YIT has already built a show apartment within the factory premises for interested clients.

Own park and fitness

YIT is to maximally use original industrial features and historical premises – thus they are also to preserve its civil defence shelter where there will be cellar booths. Residents will also have the use of a new pram room, an area for bike and dog washing and a shared workroom. The former factory will, for instance, also offer a small fitness centre and café.

The Meopta building is situated within the vicinity of another of YIT’s project, Aalto Cibulka. Between the two buildings is a large green inner block, which the developer designed as a private enclosed park with a water feature intended only for residents. They can therefore enjoy a safe place for their children’s rollicking in a playground as well as for a peaceful place to sit down in. Directly in its neighbourhood is also the Cibulka forest park, which is suitable for walks as well as sports activities.

For more information see www.yit.cz

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Picnic on a terrace and a new food court in Eden

Based on research by various companies, behaviour of the Czech population has changed after this spring’s COVID-19 wave. People started using online shopping more and do so in all segments.

 

The situation is not easy for either, shopping centre owners, their tenants nor the individual shops. Everybody is struggling in one way or another due to a lower number of customers. Tesco Stores ČR a.s., on the other hand, took advantage of the forced closure of the Shopping Centre Eden for further modernization. They commenced a revitalization of their whole food court and renovated the outdoor terrace thus allowing for sitting outside from spring till autumn.

Comfort with an ecological approach

The Shopping Centre Eden, a favourite place for business meetings or dealing with quick services, offers new gadgets for everyone who need to charge their mobile or laptop and want to handle both work and private matters in a pleasant and quiet place. The new image fully reflects a broad spectre of centre’s visitors’ wishes and needs. The whole food court has undergone fundamental visual change having been fitted with new furniture and sockets for charging via classic cable or USB come as a matter of course. Tables are also fitted with practical hooks for bags and handbags. The offer for families with children has also been expanded considerably. The room for parents with infants is equipped with a washbasin and a microwave allowing them to heat food, though it is also popular with sportsmen who do their training at the Form Factory Fitness Centre in the afternoons.

Probably the most interesting and most attractive change has been done to the terrace situated on the north-west side of the building, above the square with a fountain. It was completely reconstructed and bestowed with a new image. The terrace invites one to sit down and organize a picnic in the early evening sun. Everything necessary for a picnic can be purchased at the Tesco hypermarket or in Delistore. The revitalization work is not over yet though. Modernization of the Café Collection café, including the seating area on the terrace, will be commenced at the beginning of September and reconstruction will also be carried out in individual food court operations. A new Punjubi food should, for instance, open in the middle of September.

Safety first

The shopping centre is seen as a place of cultural and social activities. It is a pulsating centre and a sought after location for various meetings. Local events are often of a social-wide character and come with exclusive topics. The centre makes sure visitors feel safe and constantly informs about the regulations which need to be adhered to in these difficult times. Stands with disinfection are placed by every entrance to the centre as well as throughout the food court and by toilets on all floors. The centre also constantly reminds of the necessity to adhere to hygienic regulations as well as the fact that every customer should keep a face mask on him/her as some shops only allow entrance with cover. Everyone can thus feel safe and secure in Eden – both visitors and staff.

For more information see www.nceden.cz

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Hotel in Prague’s centre and a new neighbourhood on the outskirts

UBM Development Czechia is a development company which has operated in the Czech market for 27 years. The Czech branch of the significant Austrian developer UBM Development AG is not afraid to get down to non-traditional, large and complex projects.

 

We discussed the company’s activities with their Director, Josef Wiedermann.

Can you introduce UBM and its operation in the Czech market?

Our very first activity was the reconstruction of the neo-Baroque palace Darex situated at Wenceslas Square. Now we mainly attend to residence construction and also the construction of administrative buildings and hotels. We look for interesting projects for acquisition, in particular in the segment of residential housing. As for Prague, we currently have the realization of a total of 650 residential units ready. What comes as a distinct advantage is the fact that we are able to cover the whole development process ourselves. We, for instance, have our own experienced team of architects and civil engineers led by Helmut Berghofer who work for most of the countries we operate in. They prepare all levels of project documentation – from studies to interior design.

Where else are you active in Europe and in what way?

Apart from the Czech Republic, we also realize projects for leading European metropolises in Austria, Germany and Poland. We strategically focus on residential and administrative projects just as they do in our country. With more than 145 years of history, UBM is the only provider that covers the whole development process via their own resources, from initial planning to marketing and ultimate sale.

What Czech projects historically belong to those most successful?

It is difficult to select the most successful projects but if I was to speak of the largest then, it is, no doubt, the multifunctional project Anděl City at Smíchov, Prague, comprising 14 buildings within the complex of the former Tatra factory, which was constructed in three stages and changed the original appearance of Anděl at Smíchov. There we built two designer hotels, Angelo and Andel´s, the multiscreen cinema CineStar (at that time called Cinema) with underground garages with a capacity of 436 parking places, five administrative buildings, which used to house Czech branches of global giants such as Cetelem or Maersk. The whole project was completed with two residential buildings with 106 and 109 apartments and an apartment building that belongs to Andel´s Hotel. This location also offers our current luxurious residential project NEUGRAF, which is under construction. It comprises 177 apartments with communal terrace on the roof of the southern wing and a private wellness. The conversion of the historical building to the Le Palais Hotel also represented a special project and so does the present reconstruction of Cukrovarnický Palace at Senovážné Square, transforming it into the Hotel Andaz Prague, the top line of the Hyatt Hotels chain. It is, so far, also UBM’s biggest investment in the Czech Republic.

A large residential project is being built on the boundaries of Stodůlky and Řeporyje. How many apartments are you planning there and in what time horizon?

Arcus City is our new project situated in the south-west part of the city. It will be realized in three stages and will provide 284 residential units and 26 family houses. In June we commenced the pre-sale of the first stage, which comprises 100 units and is to be completed in 2023. Other stages are to follow in a relatively speedy sequence. The second stage will be put onto the market during next year. The first phase of the residential development offers two categories – Comfort and Penthouse. They both come with an above standard quality of all utilized materials, from wooden windows and floors to quality sanitary products and tiles.

What is typical of Arcus City? How does it differ from other projects in this location?

Arcus City, as its name suggests, will create a new compact complex of a large area, which includes housing in residential and family houses, commercial premises and a new bus stop. The complex of these is to provide residents with comprehensive self-contained comfort as well as a quick connection with Stodůlky underground station. The whole area also includes a large number of possibilities for relaxation and sports complemented with new greenery, even though there is a direct connection to Řepora open-air museum. Another significant difference lies in the quality of standards I have already mentioned, both in the residential units as well as building technology such as strengthened walls for better acoustic insulation.

Are you also accounting with the development of civic amenities and commercial premises?

Commercial premises will be situated in the centre of the project as a part of ground floors of residential buildings, which belong to the second stage. It is therefore to complete an imaginary square of all three stages.

Aren’t you worried about unpleasant traffic noise from Prague’s ring road?

The architectural project is executed ingeniously into an arch shape so the buildings are distributed in such a way that they are enclosed. Windows face the inner block or enjoy a south or south-easterly view of Řeporyje and Zbuzany. Jeremiášova and Poncarova Streets therefore remain at the back of the residents.

Are you planning any measures regarding this?

Apart from the concept of building as such, we are also to strengthen the green strip that leads to Poncarova Street, which already partly separates them and with regards to the naturally rippled terrain, which is several metres higher by the road, we consider it totally sufficient.

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DOCK IN: Where work, comfort and nature complement one another

The administrative district DOCK IN is being constructed on the boundary of two worlds – the pulsating centre of the metropolis and the peaceful environment of a park alongside a river. It combines modern administrative premises, perfect background facilities, easy accessibility – and most of all direct contact with nature.

 

DOCK IN is the synonym of a modern administrative centre within the centre of the metropolis. It is a part of the residential and commercial campus DOCK by the development group Crestyl and is situated on the boundary of Prague’s Libeň, Karlín and Holešovice, near the Palmovka underground station. In spite of the peaceful environment, it also offers excellent connections either by car or public transport, this being due to the nearby tram stops and an underground stop – the journey to Prague’s centre will therefore take just a few minutes.

 

 

 

Completely finished next year

The administrative part of DOCK IN is divided into several stages. The first three already completed stages are leased. The building DOCK IN FOUR is to be completed before the summer and is also almost fully leased and work on the last stage DOCK IN FIVE has already been commenced. Completion of this building, which will crown the development of the whole new Dock district, is scheduled for the end of next year. DOCK IN FIVE will offer almost 25,000 sq m of administrative premises and retail premises. Nevertheless, the suitable location and large work premises are not the only feature that DOCK IN stands out for amongst other projects.

 

Facilities will support productivity

Productivity is not only influenced by more and more advanced technologies but also by the comfort of those who operate them. And large companies have already realized that only a comfortable chair or automatic coffee machine will just not do in order to provide employees with the comfort they require. That is why DOCK IN offers versatile facilities that meet employees’ comprehensive requirements for comfort. The complex also comes with several restaurants, a café, fitness centre and the DOCK-IN-JOY concept where one can hire paddleboards, paddle boats and motorboats and will now also attend to yachting. The complex also includes outdoor fitness features.

Nearby, there is a golf driving range and tennis courts and the whole complex is surrounded by a tartan running track, which connect to the city cycleways. Crestyl also accounts with the opening of a nursery school, hairdresser’s and other particularly useful premises and the whole concept will provide wireless connection and the possibility to charge a computer or mobile with ease. It means that DOCK IN combines a modern working environment with the comforts that many people only associate with home. Imaginary deletion of these boundaries therefore provides companies with a tremendous potential for increased productivity. Moreover, the adjacent location of Palmovka offers comprehensive civic amenities – schools, sports grounds, medical facilities, post office, theatre, shops and restaurants.

Nature at hand

The DOCK IN project is characteristic for being set in a green environment amongst water features. A stream of vegetation flows down tiered terraces of buildings, being connected directly to greenery that leads to a one-hectare central park. The buildings therefore don’t create the impression of a concrete box that would disturb the relief of the landscape but blend in harmony. The complex also has a marina, offering the possibility of relaxing directly on the river’s banks.

Nature is not only included in the project physically but also penetrates to its soul. All the buildings are designed in accordance with the international criteria of the programme of long-term sustainable projects, LEED Gold. Charging stations for e-cars and e-bikes, economical lighting as well as rain sensors that allow water management during the irrigation of outdoor greenery come as a matter of course and rainwater tanks are also utilised. DOCK IN thus represents a project that is friendly to the human mind as well as the environment.

Interest from global companies

DOCK IN has already attracted many significant companies such as Saint-Gobain, Dáme jídlo, BNP Paribas Cardif Pojišťovna, ASSA ABLOY, Lego Trading, Publicis, Henkel and Hornbach and others continue coming. “The interest in DOCK IN confirms that we have also managed to create a modern administrative centre with a really pleasant working environment situated near the metropolis’ centre. Thanks to the offices being situated within the immediate vicinity of the apartments, the area remains lively and the overall unique atmosphere is also emphasised by the abundance of greenery and the adjacent river,” says Omar Koleilat, managing director at Crestyl Group.

 

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The racecourse in Velká Chuchle

Now Chuchle Arena Praha, is, after two years, returning to the ownership of the Víteks’ family and is gradually turning into a multifunctional sports and cultural complex. Thanks to investment of hundreds of thousands Crowns, there were modernized background facilities for jockeys and visitors and an area for show jumping and a design hotel situated directly within the grandstands. A 7m long steel statue of a shark created by professor and academic sculptor Michal Gabriel was unveiled at the end of June with the aim to bring culture and art into the complex. Building and other works which current value amounts to CZK 277 mil., was commenced in the winter 2018. Renovation of the outdoor areas goes hand in hand with the interior reconstruction. In 2018, an area of a small betting counters and restaurant were renovated. New salons for visitors to the races and the Derby Club Prague area were prepared for the 2019 season on the fifth floor. Reconstruction of hotel rooms in the original accommodation area was completed this year. Stables and background facilities for jockeys, for instance changing rooms and weighing rooms also underwent reconstruction.