The international developer UDI Group, which last year bought the industrial complex on Svitavské nábřeží in Brno-Husovice, plans to build more than 900 flats in two stages. Construction of the first phase is to start next year, and now the developer has selected an architect for the second phase.
“The preparation of the project in Brno is going quite fast, and that is why we have already passed the competition for the second phase of the project. We expect that we could start building the first phase in the first quarter of next year and the second phase a year later,” said Marcela Fialková, the group’s strategy director.
The first phase, which will be designed by Hlaváček&Partner studio, will comprise about 270 flats. The second phase will include 650 flats and will be designed by ArchDesign.
The complex has an area of 1.5 square kilometres and included 28 buildings ranging from offices to light industrial production. The zoning plan currently allows offices, shops, light manufacturing space and hotel-type accommodation to be built on the site. The developer has therefore timed the start of construction to ensure that a new zoning plan is in place to allow residential development on the site.
It was expected to be approved in mid-2022, but councillors did not approve it then. Now the city is reworking it. The current coalition has set a deadline of mid-2025, more than a year before the elections, for the approval of the new master plan.
UDI Group currently operates in six markets on two continents. In addition to the Czech Republic, it also builds in Poland, Serbia, Hungary, Panama and Costa Rica. The Group is currently working on 21 projects. In the coming years, UDI Group expects revenues of EUR 2.6 billion, or over CZK 62 billion.
Source: UDI Group and CTK
Photo: Logistický park Sázava, UDI Group
