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New City District Rises in Prague's Smíchov, Employing 1,200 Daily Image: MAFRA

New City District Rises in Prague's Smíchov, Employing 1,200 Daily

From iDNES · () Czech

Translated from Czech and summarized by DistantNews. Read the original for the full story.

At a glance

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  • A large-scale urban development project is underway in Prague's Smíchov district, creating a new city area.
  • The project includes new headquarters for energy company ČEZ and Česká spořitelna, alongside hundreds of residential apartments.
  • Described as the largest continuous construction site in the Czech Republic, the development is expected to see its final structures completed by 2032.

Prague's Smíchov district is currently the site of what developers are calling the largest continuous construction project in the Czech Republic. This ambitious undertaking is transforming a significant area, stretching from the sidings of the Smíchov train station to the Na Knížecí bus station, into a modern urban district.

The development is set to house new headquarters for major Czech companies, including the energy giant ČEZ and the financial institution Česká spořitelna. In addition to these corporate centers, the project will deliver hundreds of new residential apartments, addressing housing needs within the city.

Construction is progressing rapidly, with approximately 1,200 people working on the site daily. The developers, Sekyra Group, anticipate that the main phases of construction will be completed within the next two years. However, the final elements of this extensive project are slated for completion by 2032, indicating a long-term commitment to the area's revitalization.

This large-scale development signifies a major urban renewal effort, reshaping a key part of Prague. The integration of commercial, residential, and public spaces aims to create a vibrant and functional new neighborhood for the city.

About this summary

Originally published by iDNES in Czech. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.