Prague’s Kotva department store will reopen in 2028 after an extensive redevelopment, with Italian luxury fashion, dining and hospitality brands among its first confirmed tenants.

Owner Generali Real Estate announced that fashion house Dolce & Gabbana, hospitality group Cipriani, and Italian food retailer Eataly will all open locations inside the renovated complex.

The company also said luxury menswear brand Kiton, based in Naples, is expected to join the project at a later stage.

The redevelopment aims to transform Kotva into a high-end retail and public destination while preserving one of Prague’s best-known modernist buildings.

According to Generali Real Estate, the renewed complex will combine international brands with spaces focused on design, gastronomy and contemporary urban life.

Kotva has been closed for a major renovation that is expected to be completed in 2028. Once finished, the building is intended to serve not only as a shopping destination but also as a place for dining, leisure and public events.

Kotva first opened in 1975 and was designed by architects Věra and Vladimír Machonin. Its distinctive hexagonal structure has made it one of the country’s most recognizable examples of Czechoslovak Brutalist architecture.

The building received cultural monument status in 2019, recognizing its architectural significance.

A year later, ownership transferred to Generali Real Estate, which has since been preparing plans for its long-term restoration and commercial revival.

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