Thursday, 15 January 2026
Corwin has advanced its first project in Prague with the launch of apartment sales for the initial phase of Dvory Vysočany and the receipt of a building permit for the second stage of the development.
The first phase, which has been under construction for several months, comprises 229 apartments and is now available for sale. At the same time, Corwin has secured approval for a second phase that will add 266 apartments, along with additional public spaces and civic amenities.
“We see that people today are not just looking for a nice apartment, but a functional urban environment where they want to stay for the long term – we have already sold approximately 15% of the apartments in the pre-sale phase,” said Jakub Dobrý, Country Manager for Corwin in the Czech Republic. “At the same time, we have a valid building permit for the second phase, which will add another 266 apartments in two blocks and complement the neighborhood with new public spaces and services.”
The Dvory Vysočany project is being developed on a five-hectare brownfield site in Prague 9. Over time, it is expected to deliver more than 1,000 apartments, alongside offices, retail units and everyday services. The urban concept was prepared in cooperation with Jan Gehl, David Sim and the Czech architectural studio OVA, with a focus on human-scale design, walkability, greenery and well-defined public and semi-public spaces.
Construction is being carried out in individual stages, each designed as a complete urban block. The aim is to connect these blocks gradually into a cohesive district, allowing residents to move into a functioning neighbourhood rather than a long-term construction site. Courtyards inspired by traditional Prague residential developments are intended to provide quieter, greener spaces for residents.
The project distinguishes itself through a wide range of apartment layouts. Around 100 different floor plans are planned, with units ranging from 1+kk to 4+kk, and prices starting from CZK 5.6 million. According to the developer, the intention is to offer greater diversity in apartment design compared with more standardised residential schemes.
The second phase, scheduled to start construction in 2027, will be predominantly residential and will also include approximately 725 sq m of retail and service space. Underground parking will be provided, allowing surface areas to be used for landscaping and public spaces.
Dvory Vysočany marks Corwin’s entry into the Czech market, which the developer sees as a key growth area alongside its established activities in Bratislava and Ljubljana. The overall development of the Vysočany site is expected to take place in stages over eight to ten years.
