Thursday, 15 January 2026
The development group Redstone has taken a further step toward delivering a new student housing project in Olomouc, after receiving a positive environmental assessment from the regional authorities. The decision allows the developer to continue preparing detailed project documentation for a scheme located close to the city centre and the main campus of Palacký University.
The planned development is intended to provide purpose-built accommodation for students and is designed to deliver several hundred residential units with a total capacity approaching 1,000 beds. The site is situated near the Sokol sports complex, in an area that has previously been only partially accessible to the public. According to the developer, the project aims to open up the inner block, introduce landscaped areas and incorporate elements of the city’s historic fortifications into the overall layout.
In addition to accommodation, the project is expected to include services at street level and underground parking. Redstone has stated that the scheme is currently in the stage of technical refinement, with further discussions to follow as part of the standard permitting process.
Olomouc has a strong university character, with students accounting for a significant share of the city’s population. Existing university-operated dormitories provide accommodation for only part of the student body, and demand for affordable housing regularly exceeds supply, pushing many students into the private rental market.
Redstone is active across several Czech cities, including Prague, Olomouc and Pardubice. In Olomouc, the group is behind projects such as the Galerie Šantovka shopping centre, the Envelopa Office Center and healthcare-related developments. The student housing project represents a further expansion of its portfolio in the city, focused on residential and mixed-use schemes linked to long-term urban demand.
