A former industrial site in western Prague is set to be transformed into a new residential neighborhood, as developers move forward with a project on land once occupied by a thermal power plant in the district of Veleslavín.

Developers Penta Real Estate and EPD Radek Pokorný have secured a building permit for the project, which will be built near the historic Veleslavín Castle in Prague 6. The investment is estimated at around 2.2 billion Czech crowns, according to the developers.

Construction is scheduled to begin in June, alongside the launch of apartment sales. The new neighborhood is expected to be completed in 2028.

The project will replace the demolished industrial structures with a combination of apartment buildings and townhouses. Plans call for 114 apartments and 27 townhouses, creating a residential area designed primarily for family housing.

Architectural plans were prepared by the studio Schindler Seko, which designed two apartment buildings alongside rows of family houses. The apartments will range up to four-room units with kitchenettes. According to the architects, the layout aims to connect naturally with the surrounding residential fabric of Prague 6.

The development will draw inspiration from the architectural style associated with the First Czechoslovak Republic, a period that shaped much of the villa housing found in the district. The design intends to reflect that tradition while introducing contemporary residential buildings.

Public spaces will also form part of the new quarter. Plans include shared areas for residents, playgrounds, and landscaped zones intended to serve as gathering places for the community.

Developers say the entire project will be built within a single construction phase, which is intended to shorten the construction period and reduce disruption for nearby residents.

The location is also expected to gain importance in terms of transport. A modernized railway line planned for the area will connect Prague city center with Václav Havel Airport and the city of Kladno.

At the Veleslavín section, the railway will enter a tunnel, and one of the express train stops is planned close to the future residential district.

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