Wednesday, 19 November 2025
Slovak developer Corwin is set to deliver a large multi-phase residential and mixed-use project in Prague’s Vysočany district. The plan envisions more than 1,000 new homes along with commercial and community facilities, with construction expected to run for roughly eight to ten years. Representatives of the company presented the details at a press briefing in Prague.
The site lies south of Českomoravská Street, on land formerly used for industrial purposes. The development, named Dvory Vysočany, will proceed in several stages. Work on the first phase is underway and includes over 200 apartments, approximately 6,000 square metres of office space and around 1,400 square metres for shops and services. According to Corwin, the second phase has already secured the necessary building permit, and preparations for the remaining stages continue.
The overall architectural concept was prepared by the international urban design studio led by Jan Gehl and David Sim, working together with the Czech firm OVA Štěpán Valouch. The vision blends new construction with selected industrial elements, and the plan includes local amenities such as a nursery, retail units and a pharmacy. The district will be linked to public transport and cycling routes, including the A5 path.
Jakub Dobrý, Corwin’s head for the Czech market, said the arrangement of streets and buildings aims to create a safe and comfortable neighbourhood, with areas where children can play and residents can meet in public spaces or cafés.
Corwin, headquartered in Bratislava and active in Slovenia through its Ljubljana office, has delivered several residential and commercial schemes in both countries, including the Einpark Offices in Bratislava and the Vilharia complex in Ljubljana. Over the past several years, the company has also redeveloped former industrial areas.
The Dvory Vysočany project is being financed through a combination of bank loans and the developer’s own capital. According to Corwin, the Hartenberg investment group, which has collaborated with the developer on earlier projects in Slovakia and Slovenia, is among the partners involved in the Vysočany scheme. Hartenberg, founded by Jozef Janov after leaving the Penta Group, invests across retail, e-commerce and healthcare and has taken stakes in several Corwin developments in recent years.
The first part of the new Prague district is scheduled for completion in the first quarter of 2029.
