BB Centrum in Prague 4 still had a leftover from the communist era among the modern office and residential buildings: four unsightly prefabricated buildings (built in the nineteen seventies as dorms for the construction workers building the Jižní město housing estate). Two of them (which were used in recent years as category C offices buildings) were the first in Prague to be torn down in ten days, and next year a new block of flats will be going up in its place with 172 flats for short-term and long-term rental. Thus PASSERINVEST GROUP, the developer of the project, will be expanding its offer of residential housing, thereby reacting to the current market demand.

The successful demolition of the old prefabricated building began in March 2018 and was performed by gradually dismantling the panels, without interrupting the full operation of the surrounding residential and office buildings and roads. These days the final work, removal of debris, etc. is underway and the location is being modified and prepared for the construction of the block of flats. The project developer, PASSERINVEST GROUP, endeavoured to perform the demolition as quickly as possible while keeping the disturbances to the work and operation in the BB Centrum complex to a minimum.

PASSERINVEST GROUP wants to preserve the character and typology of the area and is planning to begin the construction, at the turn of 2018-2019, of a new block of flats with rental flats according to a design by the architecture office Aulík Fišer architekti. 
"Our long-term strategy is to build an actual city, to preserve its typology and urbanism and to modernise it internally, not by expanding it to the edges. We want BB Centrum to be a fully-fledged city district, where people live and work and, above all, where life is good. That is why we don't want to leave an unsuitable prefab building standing, though we could make only the most necessary repairs and quickly put it on the market, but we want a modern, state-of-the-art block of flats to stand here, with comfort corresponding to the current demands on housing," explained Radim Passer, the Chairman of the Board of Directors of PASSERINVEST GROUP, a.s.

The block of flats will be going up on a parcel of land of almost 6000 m2 with retail on the ground floor. In part of the building there will be an aparthotel with 78 flats for short-term leases, e.g. for managers and employees of the companies that are located in the complex, or for visitors to Prague. The second part will have 94 flats for long-term rentals, which are still sorely lacking in Prague. The building will have 4 underground floors with 210 parking spots. There will be retail units and services for the public built throughout the ground floor. It is slated for completion by the end of 2020.

For more information and photographs in print quality please contact:

Kristýna Samková, Head of PR and Marketing dept.
PASSERINVEST GROUP, a.s.
Tel.: (+420) 221 582 111
E-mail: Kristyna.Samkova@Passerinvest.cz
www.passerinvest.cz, www.bbcentrum.cz

Marcela Štefcová
Crest Communications a.s.
Mobile: (+420) 731 613 669
E-mail: marcela.stefcova@crestcom.cz
www.crestcom.cz