The developer Merius has brushed up its Semiramis Residence project which it plans to build in front of the Nové Mesto railway station and opposite Kuchajda lake in Bratislava. Its first attempt three years before failed as the local council did not grant it construction permission. The re-worked project with a price tag of €47 million is now undergoing an environmental impact assessment (EIA).
“We have divided the Semiramis Residence project into two identical buildings,” Merius wrote in its statement. “Simultaneously, we will build a park here with a lot of greenery. The new project will also provide a positive contribution to the extension of civic amenities.”
Originally the developer proposed to build a compact U-shaped building. The local council saw three main problems: the building was too big for this plot, it contained little greenery and did not solve the parking issues.
Based on the new design, the poly-functional complex consisting of two buildings will have a joint basement with three underground and 14 over-ground storeys. The developer is planning 278 housing units, 474 parking places, shops, restaurants and other amenities.
The Nové Mesto council promises to assess the new project properly.
The area surrounding Kuchajda lake is gradually filling up. Some years ago, the Koloseo residential project was built there. The IURIS Group is now building a block of flats as part of their Nido project on the crossroad of Trnavská and Tomášikova Streets.
In addition, the developer TriGranit is going to build a 22-storey Lakeside Park I office tower on the plot bordered by Vajnorská, Tomášikova and the tram terminal. Originally it planned to build four office towers but later, in response to the situation on the real estate market, it changed its mind and decided to construct only one more tower here although this has not started yet.
While the share of the market held by rental apartments in the countries of the European Union is between 19 and 62 percent, in Slovakia it is only about 6 percent. This negatively affects labour force mobility and housing for young families and handicapped citizens, the Benchmarking Information Exchange Project has discovered. The Supreme Audit Office (NKÚ) in Slovakia participated in the project and focused on the comparison of support for rental housing between Slovakia and the Czech Republic and Austria where the share of rental apartments on the market is 21 percent and 42 percent, respectively.
Slovaks are increasingly interested in recreational real estate. The demand has increased by 20 percent over the last year. The most wanted properties are cottages near Michalovce in eastern Slovakia.
Healthy offices providing a sustainable environment in terms of energy, as well as their surroundings, are a world trend that has not skipped Slovakia. There are a number of buildings that have already received or are applying for the world-renowned LEED, BREEAM, WELL or Fitwell certifications. One of them is the Einpark office building in Petržalka, which – as the first in Slovakia – has successfully completed LEED (Leadership in Energy and Environmental Design) pre-certification to the highest degree, Platinum.
The abandoned building of the former Lamač department store in Bratislava’s borough of the same name will return to life. The new owner, the investment group Dynastion, will revitalise it into the Karpatia centre. Apart from shops, it will house co-working offices and provide space for a youth community centre. The complex revitalisation of the building should start this autumn.
US real estate investment fund Heitman sold the Aupark Tower office building in Bratislava to the real estate fund of the investment bank Wood & Company in early June. The consultancy company CBRE, which mediated the deal, describes the transaction as the biggest on the Slovak office real-estate market for seven years. The price, however, was not disclosed.
While Bratislava already accommodates almost 30 shopping centres, another one is on the horizon. Macho Consulting, a company that has been devoted especially to residential projects in the past, will build Matrix Mall in the more or less industrial zone of Bratislava in the borough of Nové Mesto. The shopping centre on the corner of Magnetova and Vajnorská streets, close to the Vozovňa Nové Mesto depot, will offer retail and office space.
Trnava-based tycoon Vladimír Poór has sold the recently opened City Arena shopping centre in Trnava to Peter Korbačka, the head of the board of directors of the developer J&T Real Estate. The latter already owns the Eurovea shopping centre in Bratislava. Neither the price nor other details of the transaction have been disclosed.