New bypass initiates Bydlení Uvaly resi development expansion (CZ)

New bypass initiates Bydlení Uvaly resi development expansion (CZ)

Bydlení Uvaly, a major long-term residential development close to Prague, is set for significant expansion thanks to the construction of a new bypass road transforming Uvaly’s road connectivity with the capital city. The bypass will enable further affordable living opportunities in this desirable location, where pre-sales for the current fourth stage of Bydlení Uvaly are already at 15%.

 

Arcona Capital has sold land for the new bypass road to Reditelství silnic a dalnic (RSD). The bypass, scheduled to open in 2027, will significantly ease road transportation between Uvaly and Prague as well as facilitate significant further development of the Bydlení Uvaly site, which comprises a total of 48ha.

 

Arcona Capital’s sustainable long-term development in Uvaly is now in its fourth phase, with additional phases scheduled to commence in 2028, with completion slated for 2030. 15% pre-sales have already been achieved for the current Hostín Development, which started construction in November 2023. Built by general contractor STAKO, the Hostín project will deliver 42 residential apartments, five houses, and a single retail space by autumn 2025.

 

“Ongoing pre-sales confirm Uvaly’s enormous potential for further development in a way that’s sustainable and sensitive to the local environment and community,” said Guy Barker, Principal at Arcona Capital. “The creation of a bypass road improving road connectivity with Prague is crucial to realizing this opportunity. These exciting developments bring us closer to a very bright future for this great location.

 

Through our creation of affordable residential properties, we’re contributing to the wider development of Uvaly as an increasingly attractive location close Prague,“ said Michael Odvarko, Head of Hostín Development. “It’s a place to enjoy a quiet home life away from the hustle and bustle of the capital city, while still benefitting from easy and quick access to central Prague. This combination makes Uvaly a perfect choice for all types of residents.”

 

Image provided by Best Communications.

 

Europe Real Estate — an overview of real estate developments in European countries.

Related News