Construction of a brand new bus station and the extensive reconstruction of Mlynské Nivy Street are going according to plan. While the transformation of the street into a boulevard should be complete by the autumn of 2019, the bus station won't be finished until 2020, representatives of the developer HB Reavis and Bratislava city council said, after checking the construction site on September 18.
“In May we launched the rebuilding of the infrastructure on the southern part of Mlynské Nivy Street, where we are renewing public water mains, gas pipes, electric mains, optical cables, cables for public lighting as well as the road itself,” said Jakub Gossányi from HB Reavis, as cited by the TASR newswire.
Reconstruction of Mlynské Nivy Street is divided into two phases with the second one starting in late autumn. After the reconstruction, the street will have one extra lane in each direction, an underground roundabout, cycling routes, new pavements and greenery.
The developer is reconstructing Mlynské Nivy Street at its own cost while its investment into the infrastructure of the whole zone of Nové Nivy is estimated at €40 million.
In terms of the bus station, the construction of the 125-metre office tower, the Nivy Tower, is the most advanced. The body of the bus station itself should be complete within a year.
The bus station will be a combination of an international bus terminal, a shopping centre, a market hall and the office tower.
The total investment into the Stanica Nivy project is projected to be €345 million.
Germany is the sixth European country in which the Slovak developer HB Reavis is active. In mid-February it announced two major acquisitions in Berlin and Dresden totalling 3.5 hectares. The announcement followed only a few days after media reported on the sale of some HB Reavis projects in the Czech Republic.
The oldest shopping mall in Bratislava, Polus City Center in Bratislava’s Nové Mesto borough, is undergoing major reconstruction. With an investment of €4 million euros, the interior and exterior of the shopping mall will undergo radical change.
Mlynica, a former industrial building in Bratislava rebuilt into a multi-purpose building, is one of 40 projects shortlisted for the prestigious European Union Prize for Contemporary Architecture – Mies van der Rohe Award. The biennial competition is considered to be the most prestigious architectural award in Europe.
The first of three residential towers of Sky Park, a project designed by the prominent Zaha Hadid Architect studio in Bratislava, reached its final height at the 31st above-ground floor at the end of last year. The other two towers will reach their final height during the first half of this year. Construction of the first of two office buildings and restoration of the historical heating plant known as Jurovičova Tepláreň are going on as well.
At the end of 2018, the offer of housing units in newly finished apartment buildings in Bratislava hit a low since 2002-2005, when this market started developing in Slovakia. This resulted in an increase of average prices of apartments.
The iconic building of the British retail chain Tesco department store in the centre of Bratislava has changed hands. The new owner of the building is the Mirage Shopping Center company of Žilina-based businessman George Trabelssie. Since 2016 the retail chain Tesco has sold five department stores across Slovakia. Trabelssie, who is close to former chair of the Slovak National Party (SNS) Ján Slota, acquired Tesco department stores also in Nitra and Žilina, the Hospodárske Noviny business daily reported. Tesco will continue to operate in the building on Kamenné Square as it will rent the premises.
The reconstruction of the Park Inn by Radisson Danube hotel in Bratislava has become the ugliest new building constructed between the years 2011 and 2018. As much as almost one third of 1002 participants in a survey organised by the website Trend Reality of the economic weekly Trend voted for it. The weekly launched the survey in early December. Its goal was to start a discussion and hold up a kind of mirror to developers.