UBM and Crestyl have joined forces to work on a new residential project in Prague 5-Smíchov. Grafická will go up along Grafická and Kmochova streets, next to the Sacré Coeur park, a five-minute walk from the Anděl metro station. In addition to 160 flats, the project will also offer retail and services on the ground floor and a relaxation area on its rooftop terrace. Costs are expected to run to CZK1.2bn. Crestyl and UBM have equal shares in the project company. This is the second project the two developers are working on together. UBM and Crestyl partnered on the first office building in the riverside DOCK neighborhood Crestyl has been developing in Prague 8-Libeň.
