The emptied defective Apollo Business Centre 1 in Bratislava will be replaced by a brand-new construction. The developer HB Reavis estimates the launch of demolition work for the end of 2018. Construction work on the new business centre, the Nové (new) Apollo should start in late 2019 and be complete in 2021. Exact dates will depend on permission processes.
“We think of the Nové Apollo as a new project,” said Jakub Gossányi of HB Reavis Slovakia, as cited in the press release. “The aim is to bring to the Bratislava borough of Ružinov a place in which it will not only be pleasant to work but also to spend time.”
HB Reavis wants to design the eight-storey Nové Apollo as a gateway to the district of Nové Nivy, in which it is already building the new Nivy bus station. In the Nové Apollo, as well as offices, there will also be amenities for the local community and the growing companies in Bratislava.
It is cooperating in its design with the London-based Make Architects and Slovak Siebert+Talaš studios.
The Apollo Business Centrum 1 was emptied in 2015 after cracks in its walls were found. It is one of the buildings linked with structural designer Ján Tomčáni. HB Reavis initially planned to fix the building and reopen it but later opted for its replacement by a new structure.
Photo: Courtesy of HB Reavis
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.