Urban district on Prague-Smíchov station brownfield
CZK project
sqm GFA on 20 ha site
residents and workers
target completion
44,000 sqm | 400 flats | 8,000 sqm offices
Smíchov district, Prague 5
Sekyra Group
Ungelt Group, PS Group, GLFO and Sekyra Group
2007 – 2032
2020–2025:
Key investor (with Ungelt Group, GLFO and Sekyra Group)
Smíchov City offers a unique opportunity to create a new district that naturally integrates living, working and leisure. Developed on the site of the former freight yard, it is unparalleled in scale within Prague.
At its heart will be a kilometre-long tree-lined boulevard with shops and cafés, seamlessly connected to the upgraded Smíchov transport terminal.
A roster of acclaimed studios shapes the project, aiming to present a showcase of contemporary European architecture in Prague.
The project’s significance is underscored by the decision of the country’s two largest banks – Komerční banka and Česká spořitelna – to build their new headquarters here.
By combining cutting-edge architecture, high-quality public space and a strategic transport location, Smíchov City ranks among the most ambitious development schemes in Central Europe.
Smíchov City demonstrates PS Group’s ability to co-develop the largest urban development project in Prague’s modern history through key capital participation in the consortium.
A selection of PS Group services executed for this project.
Sourcing and structuring investment opportunities in real estate, with legal and financial frameworks that secure optimal returns while controlling risk.
Financial and legal services applied to our own investments and client projects — ensuring compliance, sound contracts, accurate reporting, and robust risk management.
Smíchov City is designed with strong sustainability standards.
The buildings will be certified BREEAM “Excellent”, with an integrated rainwater management system and extensive greenery in public spaces and on rooftops.
