On a municipal plot of land of less than 1.9 hectares located in the wider centre of Prague, the construction of a residential building is planned with approximately 50 rental units and spaces for services on the ground floor.
In 2023, PDS selected an architect to prepare the project – Pelčák and Partner Architects. In the second half of 2023, intensive project preparation started, and in June 2024 the documentation for the joint planning and building permit was filed with the competent building authority. In the event of optimal progress, gaining the necessary permits is assumed at the beginning of 2025. The project will be implemented following the permitting process with an expected completion date in 2025–2026.