Smíchov City

Since 2020, Sekyra Group has been transforming former railway land in Smíchov into a new Smíchov City district. It is the largest urban development in central Prague since the founding of the Vinohrady district in the 19th century. Once completed, the 20-hectare site will feature almost 400,000 m² of residential, office, retail and public spaces. More than 12,000 people will work or live here. The total cost of the project will reach 50 billion CZK, of which 35 billion represents private investment and 15 billion public investment, directed primarily towards infrastructure.

Smíchov City has a northern and a southern section, which are being developed gradually in several phases. They will be linked by the one-kilometre-long Madeleine Albright pedestrian boulevard, which will serve as the district’s main thoroughfare as well as a venue for socialising, shopping, services and everyday urban life. It will be complemented by tree-lined avenues, parks and other public spaces. In total, the project envisages more than two hectares of green spaces. The streets and parks will be named after women who fought against totalitarianism.

The northern section is predominantly residential. In the first phase, the Na Knížecí office building and two residential blocks comprising 405 apartments were built here. Construction of the third phase is currently underway, comprising another three residential blocks with around 800 apartments. Each will feature a lively ground-floor area and a green inner courtyard.

Alongside the northern section, the southern section is also being developed, emerging as a major business hub in Prague. It includes the Česká spořitelna bank campus, covering an area of 75,000 m², the new headquarters of ČEZ, Czechia’s largest utility company, comprising three buildings with a total area of 44,000 m², and a hotel featuring the unique Smíchov Market. This phase also involves the construction of major public infrastructure projects, notably the Smíchov transport terminal with the modernised Smíchov railway station, a park & ride facility and a new interchange hub connecting trains, the metro, trams and buses – both commuter and long-distance services.

The final phase of Smíchov City will connect to the Radlická street. A public space will be created here, which will incorporate the Radlická kulturní sportovna, a community centre. The former railway warehouse, which the local community has transformed into a space for culture, sport and socialising, will be preserved as a reminder of the area’s history and will form part of the future square.

Smíchov City builds on a traditional urban structure and develops it on a contemporary scale. It emphasises the accessibility of the area, high-quality public space and the architectural diversity of the individual blocks. The result will be a neighbourhood that forms a natural extension of Smíchov.