In 2022, PDS announced the first ever architectural competition for a municipal residential development in Prague. It was for a smaller plot of land in Prague 5, in an attractive location near the Baroque Portheimka villa, not far from the Anděl metro station.
The architectural competition was announced in March 2022, and 30 studios entered the competition from the Czech Republic and abroad. The winner was announced in August 2022: Atelier bod architects from Prague.
In 2023 and 2024, intensive project preparation was underway. In its context, requirements of the conservation authorities for a significant modification of the project had to be addressed. In June 2024, the documentation for the planning permit proceeding was filed with the competent building authority. If the progress of the proceeding is optimally timed, the planning permit may be received by mid-2025, after which the building permit application will be filed. The project will be implemented following the permitting process with an expected completion date in 2025–2026.
The project envisages a total of 56 flats and ground floor retail space. It should be implemented following the progress of the permitting process with an expected start in 2026-2027.