Crestyl – Savarin Palace Development – Czech Republic - Project Profile

Synopsis


"Crestyl Savarin Palace Development Czech Republic - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.

The "Crestyl Savarin Palace Development Czech Republic - Project Profile" is part of Timetrics database of 82,000+ construction projects. Our database includes a 10+ year archive of completed projects, full coverage of all global projects with a value greater than $25 million and key contact details for project managers, owners, consultants, contractors and bidders.

Summary


Crestyl Real Estate (Crestyl) is building a commercial complex in Prague, Czech Republic.

The project involves the construction of a commercial complex on 1.6ha of land. It includes the construction of 60,000m2 of office space, shops, restaurants, cafes, a relax zone with a garden in the inner courtyard, parking spaces, and other related facilities.

Dentons has been appointed as a legal advisor, Cigler Marani Architects as architect, Welwyn Company, A.S. as developer and Cushman & Wakefield as marketing consultant.

In August 2015, Crestyl acquired the project site from the Ballymore Properties (Ballymore) for US$90 million.

On April 6, 2016, demolition works commenced and was completed.

In December 2017, construction activities commenced and are underway with completion scheduled by 2021.

Scope


The project involves the construction of a commercial complex on 1.6ha of land in Prague, Czech Republic.

The US$401 million project includes the following:

1. Construction of 60,000m2 of office space

2. Construction of shops

3. Construction of restaurants and cafes

4. Construction of a relax zone with a garden in the inner courtyard

5. Construction of parking and related facilities

Reasons To Buy


Gain insight into the project.

Monitor the latest project developments.

Identify key project contacts.


1.Key Statistics
2.Key Dates
3.Sector
4.Operating metrics
5.Scope
6.Description
7.Latest update
8.Background
9.Key Contacts
10.General News, Project News
11.Appendix


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