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.
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.
Prices of apartments grew at a two-digit pace in Slovakia in 2018. The average price of an apartment increased from €1,479 per square metre to €1,655 per square metre during the first 11 months of 2018. This means an increase of €176 per square metre or 11.9 percent, Vladimír Kubrický, analyst with the Real Estate Union, told the TASR newswire.