Thursday, 11 June 2026
Panattoni and investor Accolade have completed demolition works at the former Kovošrot metal recycling site in Prague’s Dolní Měcholupy district and have started construction of the first phase of Panattoni Business Park Prague I.
The development will transform a long-neglected industrial brownfield into a modern logistics and industrial park. Construction officially entered a new stage in early June with the installation of the first structural column of the project’s initial building.
The first phase will comprise three industrial buildings with a combined floor area of approximately 44,800 sqm within a development site covering nearly 140,000 sqm. The project is designed to deliver modern industrial space with a strong emphasis on sustainability, energy efficiency and low-carbon operation.
Planned environmental features include heat pumps, rooftop photovoltaic installations and electric vehicle charging stations. The first building is targeting BREEAM New Construction Outstanding certification, the highest level under the sustainability assessment scheme.
The development follows extensive site preparation works at a location that had been used for decades for the collection, sorting and recycling of metal waste. Existing structures have been demolished, while environmentally safe demolition materials are being recycled and reused on-site in line with circular economy principles.
“In Dolní Měcholupy, this is not just about constructing a new industrial building, but about the complete transformation of an area that has long been burdened by its industrial past,” said Jan Andrejco, Regional Development Director at Panattoni. “The completion of demolition works represents a significant milestone in every brownfield redevelopment project.”
Green infrastructure will play a major role in the development, with approximately one-quarter of the site dedicated to landscaped areas. The project also includes plans for improved accessibility, including a new cycle path running through the park.
As part of the wider infrastructure improvements linked to the project, upgrades have already been completed at the signal-controlled intersection of Černokostelecká and Průmyslová streets. The works, valued at nearly CZK 15 million, included additional turning lanes, relocation of public lighting and utility infrastructure, and new traffic signage.
According to Accolade, the redevelopment represents one of the largest industrial brownfield regeneration opportunities within Prague.
“We acquired the site in 2019 and from the beginning it was clear that a complete transformation would be required,” said Jiří Stránský, Chief Land Development Officer at Accolade. “There are very few brownfield sites in Prague suitable for industrial use that can match the former Kovošrot site in terms of size and accessibility.”
Completion of the first building is scheduled for February 2027, while the second phase of the development is expected to be delivered in 2029.
