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 developer Penta Real Estate is preparing the second phase of the Bory Bývanie residential project. It will create 287 apartments in nine, four- to six-storey blocks. It plans to launch the construction during the third quarter of 2018.
Petržalka, the most populated borough of Bratislava, has gotten a new roofed market place, Petržalská Tržnica. It is located in a reconstructed shopping centre of almost 5,000 square metres on Bratská Street. The new market place welcomed its first shoppers on Friday, April 6.
The British retail chain Tesco is continuing the sale of its department stores, former Priors, in Slovakia. Following the sale of its stores in Žilina, Nitra, Prešov and Košice the retail chain is now selling its last piece of real estate in Slovakia, the department store My (We in English) on Kamenné Square in Bratislava. Tesco Stores SR has confirmed negotiations with potential buyers, the Trend weekly reported.
Interest in the acquisition of recreational real estate has increased over the last three years. The demand has been spurred by the activities of developers in this sector.
In a short period of time the eastern Slovak town of Prešov has acquired another shopping centre. After the 22,000 m2 Eperia, with more than 100 shops, opened last November, the Solivaria shopping centre, close to the bus station, was ceremonially opened on March 15. Built on the 10,500 m2 site of the former industrial premises of ZPA Křižik, it offers 20 shops and 296 parking places. Its construction cost €20 million, Lýdia Kulíková from the company Prešov Park, informed.
Small, especially one-room, apartments and bed-sits are maintaining the highest prices in Bratislava. The price of two- and three-room apartments has decreased moderately. The interest in family houses and construction parcels is still high while demand exceeds availability.
The new city quarter growing in Bratislava’s Petržalka borough is popular among those looking for new housing. Last year people bought a total of 565 apartments there. This number accounted for more than 11 percent of all new apartments sold in Bratislava in 2017.