Palmovka’s Transformation: New Flats and Shops Set to Revitalize Neglected Hub

One of Prague’s most overlooked areas, Palmovka, is about to undergo a major transformation.

The Akva development company has acquired land from the Prague Transport Company in the vicinity of the Palmovka bus station, with plans to build a brand-new complex featuring both apartments and retail spaces.

The current bus station, which has fallen into severe disrepair, will soon give way to modern construction. The project will include residential units, commercial outlets, and an entirely new public square named after renowned Czech writer Bohumil Hrabal.

Before construction begins, the first phase will involve the demolition of the existing terminal, which covers an area equivalent to two football fields.

Once cleared, the development will bring a combination of apartments, shops, and essential services to the neighborhood.

A standout feature of the project will be the revitalization of Bohumil Hrabal Square, which is designed to breathe new life into the area. In addition, the plan calls for the restoration of the nearby synagogue and significant improvements to surrounding public spaces.

“This is an exceptional opportunity to reshape an area that has long been neglected,” says Filip Titl, an architect from UNIT Architects.

“Few places in Prague are as deserving of transformation as Palmovka. Its potential is enormous, comparable to the revival we’ve seen in Anděl, Smíchov,” he added.

Titl also highlighted Palmovka’s strategic importance, noting that more than 60,000 people pass through it daily. “The quality of public spaces and facilities should reflect this level of activity.”

The Palmovka project promises to revitalize this once-forgotten part of the city, transforming it into a vibrant hub for both residents and visitors.

Would you like us to write about your business? Find out more