Thursday, 19 March 2026
Cresco Real Estate has completed the structural phase of the second stage of its SO-HO Residence project in Prague’s Holešovice district. The development includes 194 apartments ranging from one- to five-bedroom layouts, with more than 70 percent of units already sold. Completion of the phase is scheduled for the fourth quarter of 2026.
Following the completion of the shell, the project is moving into the next stage of construction, including installation of windows, façade works and interior fit-out. Work is also continuing on common areas and external landscaping.
The scheme incorporates green roofs and rainwater management systems designed to support irrigation and improve the local microclimate. Retention tanks have already been installed, and collected water will be used to maintain greenery within a planned courtyard park. A new landscaped pedestrian route is being created between Dělnická Street and the building, which will include retail frontages, public space elements and tree planting. As part of these works, the May 5th Memorial will be relocated to a new position within the development.
Aleš Svatoň, CEO of Cresco Real Estate Czech Republic, said: “We have successfully completed the structural work and are now moving into the phase that will give the project its final form and determine its character. Each phase, however, employs a slightly different architectural approach. The first phase involves the renovation of the original building, while the second and third phases consist of new constructions. Nevertheless, common elements that connect the entire SO-HO Residence are evident throughout. Now comes the part that is most visible, the facade, windows, and architectural details. It is precisely these elements that give the entire project its character and distinctiveness. At the same time, we are focusing on the interiors to offer future residents the comfort and quality they expect from us.”
The project has been designed by QARTA Architektura and reflects the industrial character of the surrounding area, while incorporating features aligned with current residential standards. Apartments have minimum ceiling heights of 2.75 metres and include balconies, loggias or terraces. Air conditioning is provided in larger units and in most smaller apartments.
The second phase follows the earlier redevelopment of the former Tesla Holešovice building, where loft-style apartments were delivered. Ground floor space in that phase is occupied by retail and leisure operators, including a bakery, café and fitness centre.
The current phase will also include eight retail units at ground level, alongside a two-classroom preschool that will be operated by the Prague 7 municipal district under an agreement with the developer.
