Tatra Residence is planning to break ground this year on the Olympia complex in Bratislava’s Ružinov district. The scheme will go up on a brownfield site at the corner of Záhradnicka and Bajkalska streets, where Drutechna used to have its workshops. The developer wants to build the residential part of the project first and add office space later. Tatra Residence, part of Tatra bank, bought the site in an auction in 2012 for €4.5m. The original developer, Atlas Real, had planned an ambitious project on the site with 15,000 sqm of retail, 10,000 sqm of office and a 115-meter residential tower with 265 flats before going bankrupt during the financial crisis.
