YIT sells first phase of Portti Kladno project, launches second phase for private ownership

3 March 2025

YIT has sold the first phase of its Portti Kladno residential project to the Portti Kladno Housing Cooperative. The first phase consists of 85 units, and construction has already begun, with completion expected in autumn 2026. The project is being developed on the site of a former freezing plant and will eventually include 187 apartments designed with modern architecture and an emphasis on quality living in a green environment.

The first phase was planned as cooperative housing from the outset, and negotiations with investors led to an agreement with the Portti Kladno Housing Cooperative. YIT will construct the buildings, and the cooperative will handle the sale of individual apartments. According to Marek Lokaj, CEO of YIT Stavo, cooperative housing provides an alternative for those unable to secure mortgage financing due to current interest rates and lending conditions.

The Portti Kladno complex is located on Ke Stadionu Street and will be developed in two phases across four low-rise buildings. The project will offer apartments ranging from one- to four-room layouts, with front gardens, balconies, or terraces. Demand for new housing in Kladno is high, attracting both local residents and people who cannot afford property in Prague but need to commute regularly. Kladno offers lower property prices while maintaining good transport connections to the capital, with train and bus journeys taking between 30 and 40 minutes. The planned high-speed railway will further improve travel times.

Designed by ABM architects, the development integrates with its surroundings and preserves mature trees on the brownfield site. Sustainability is a key focus, with YIT incorporating new greenery, photovoltaic panels, a rainwater retention system, and modern prefabrication techniques to improve construction quality and efficiency. The project will include a semi-private courtyard with a small park and a children’s playground, enhancing the living environment for future residents.

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