Tuesday, 23 June 2026
CASPYAN has marked a key construction milestone at its Konstanta Karlín residential project in Prague 8 with the ceremonial laying of the foundation stone. The development, located on Kollárova Street in Karlín, entered construction in September 2025 alongside the launch of apartment sales.
According to the developer, 23 of the project’s 44 residential units have been sold, representing approximately 55 percent of the available apartments. Completion of the building’s structural works is scheduled for April 2027, while final approval is expected by the end of that year. Residents are anticipated to begin moving into the development in spring 2028.
The project is being developed and financed by CASPYAN in cooperation with general contractor Arch Construct, architectural studio Karlínblok and sales agency IKONIX. The development forms part of the portfolio of CASPYAN FUND SICAV.
Konstanta Karlín will comprise 44 apartments ranging from studio layouts to three-room units, together with three ground-floor commercial premises. The scheme also includes a penthouse apartment measuring 351 sqm, featuring a private lift and rooftop terrace overlooking Prague.
The building has been designed around a sheltered inner courtyard intended to provide residents with additional privacy. Its corten steel façade references the industrial heritage of Karlín, a district that has undergone significant transformation over the past two decades and has become one of Prague’s established residential and office locations.
The project benefits from proximity to public transport, including the Křižíkova metro station and nearby tram connections. Florenc transport hub and Prague’s main railway station can be reached within a short journey from the site.
Commenting on the milestone, Kamil Jankovský, who oversees the real estate portfolio of CASPYAN and serves on the supervisory board of CASPYAN FUND SICAV, said that the start of the main construction phase represents an important step in the delivery of the project. He noted that the development combines a central Prague location with contemporary architecture and long-term residential and investment appeal.
