Penta Releases New Video of Prague’s Masaryk Train Station Renovation

For many years it has been a well-known fact that London studio Zaha Hadid Architects plans to design an upcoming redevelopment project of brownfield land adjacent to the Masaryk railway station in Prague. Finally, this is about to become a reality.

In May this year, Penta received planning permission for the project and they are expecting to secure construction permits at the beginning of next year. Security works will take place in November and at the same time, these will be preparatory works for the construction itself.

The Masaryk Station revitalization project was designed by Zaha Hadid Architects. The revitalization of the area will be carried out in several stages when the current undeveloped brownfield site will be gradually revived and open to the public again.

The first phase of development is planned to be completed in 2020 and completion of the whole area is expected by 2025.

The project will in total offer up to 100,000 sq. m. of the highest quality of office and retail space accompanied by some residential elements and a wide range of public amenities, green areas, and relaxation zones.

The planned Central Business District will newly connect districts of Prague 1, Prague 3, and Prague 8 through the unique roofing over the rail yard.

The project’s unifying composition creates a sequence of buildings and interconnecting public spaces along Na Florenci Boulevard. A new public plaza is created adjacent to the railway station, providing a gateway to the city and linking with Namesti Republiky Station on Line B of the city’s metro network.

Compared to the original plan, the buildings will be two meters lower. “We also decided to open a viewpoint on the front tower of the building,” said Pavel Streblov, Managing Director at Penta Investments.

The mixed-use project, which is estimated to cost up to €360 million (CZK 10 billion).

The revitalization project is being prepared by Penta Real Estate in cooperation with České dráhy (the Czech Railways) and Správa železniční dopravní cesty (the Railway Infrastructure Administration).

Source: Penta Investments

Source: Penta Investments

Source: Penta Investments

Source: Penta Investments