Wednesday, 29 April 2026
Sekyra Group has begun construction of the third phase of the Smíchov City project in Prague, with total investment estimated at around CZK 5 billion.
The phase will deliver approximately 800 apartments across three residential blocks, roughly double the number completed in the first stage. The development forms part of a wider mixed-use district that has been under construction since 2020.
The third phase is located between Nádražní, Albright and Vacková streets. The first building (SM8), comprising 307 apartments, is already under construction and has been designed by a consortium of architectural studios including A69 – architects, edit architects, Chapman Taylor and L.Z.-Atelier. The apartments will range from smaller units to penthouses.
A second building (SM7), planned to include 264 apartments, is expected to start construction later this year. It has been designed by Siebert + Talaš, Šafer Hájek architects and Pavel Hnilička Architects + Planners. The third building (SM10), with 226 apartments, is scheduled to begin construction in 2028, with design by MS architects, majo architects and Schindler Seko architects.
The Smíchov City project is planned as a large-scale urban district combining residential, office, retail and public space. In total, the scheme is expected to deliver nearly 400,000 sqm of built area, with completion targeted for 2032. The overall investment in the district is estimated at CZK 35 billion, with a further CZK 15 billion allocated to related infrastructure.
Earlier phases of the project have already delivered office and residential buildings, including the Na Knížecí office scheme and two residential blocks with 405 apartments. A final phase is planned along Radlická Street and will include public amenities such as a cultural and sports facility.
The southern part of the development is intended as a business district, including a planned campus for Česká spořitelna and new office buildings for ČEZ, expected to be completed in 2027.
According to the developer, the full project is expected to accommodate around 12,000 people living and working in the area.
