Construction of the SKY PARK has officially begun

19. May 2017
Back

Today, on May 19, 2017, the foundation stone of the SKY PARK project was ceremonially placed at the construction site. Construction and preparatory works have been ongoing at the site on the corner of Čulenova and Továrenská Streets since the start of this year, and the first stage of the project should be completed by the end of 2019. It consists of three residential towers, which include more than 700 apartments and 1,100 parking spaces.

Principal of Zaha Hadid Architects, Patrik Schumacher, who after the death of Zaha Hadid took over the leadership of one of the world’s most famous architectural studios, also participated in the placing of the foundation stone. The studio won the international tender in 2010 and prepared a comprehensive architectural design of the project in the centre of Bratislava.

“A dynamic new community near the city centre, Sky Park’s fluid architecture ensures generous living areas and communal spaces that flow into each other. It will open a former industrial area to the public by creating new park for the city – an important link between Bratislava’s contemporary culture, emerging nature and history,” says Patrik Schumacher, Principal of Zaha Hadid Architects.

World-class architecture in Bratislava

The SKY PARK project will include a new city park with an area of more than 20,000 square metres, which will be accessible to all inhabitants of Bratislava. At the same time, the façade of the Jurkovičova heating plant, which is a national cultural monument, will be reconstructed in the first stage of the project.

“SKY PARK is currently one of the most important Penta projects, not only due to the size of the investment, but also due to the overall significance for our capital city. With its concept and solution of public spaces it will bring real world-class architecture to Bratislava,” says Jozef Oravkin, partner in Penta Investments.

In the second stage of the SKY PARK project Penta plans two administrative buildings with a total rentable area of 55 thousand square metres. One of the two administrative towers has already received permission for construction.

About Zaha Hadid Architects (ZHA)

ZHA has redefined architecture for the 21st century with a repertoire of projects that have captured imaginations across the globe; each project combines an unwavering optimism for the future with concepts of connectivity and integration.

ZHA is one of the world’s most inventive architectural studios and receives the highest honours from civic, professional and academic institutions worldwide. Collaborating with visionary clients, communities and industry experts on over 60 ongoing projects in 28 countries, ZHA’s hugely talented and dedicated teams of experienced professionals work with passion and commitment to design and deliver traformational projects.

More news
Fortuna leadership update – welcoming new CEO
Jaroslav Haščák returns to Penta’s top management

Jaroslav Haščák, the co-founder of the Penta investment group, returns to the top management of the company after almost four years. With effect from 1 October 2024, he will once again be fully involved in the Investment Committee and the Executive Board, as well as in the management of Penta Group’s corporate portfolio.
Penta opens up to investors after 30 years since its founding

Penta has reported a net profit of €504 million for the financial year 2023, which is the 2nd best result in the Group´s history (after the record numbers achieved in 2021). The Group’s consistent and robust results stem from the strong underlying growth of it’s core portfolio companies.
Continuing to invest into long term growth despite a challenging business environment

Penta has reported a net profit of €483 million for the financial year 2022. The consistent profits generated allow the group to continue to invest significantly into its portfolio of companies with Capital Expenditures totalling €806 million during 2022. Currently the Group employs more than 40,000 people and paid a total of €607 million in income tax and other social contributions.
Penta Real Estate is launching an Architectural and Urban Design competition for a development near the southern bank of the Danube River.

Penta Real Estate is launching an international architectural and urban design competition, the aim of which is to find a future solution and form of development of the area near the southern bank of the Danube river, in the area between Bratislava’s Old Bridge, the Apollo Bridge and the Harbor Bridge. The competition is open, three invited international architectural studios will also participate.
Penta has sold a majority stake in the Empik Group

The current president of the company’s management board, Ewa Szmidt-Belcarz, takes over a controlling stake in the Empik Group.
Penta continues significant investments

Penta has reported a net profit of €570 million for 2021. The group continues to invest significantly into its portfolio of companies with CAPEX totalling €525 million during 2021. Over the next five years, Penta is planning to invest a further €3 billion into both organic development and acquisitions within its existing investment platforms. At the end of 2021, the Group employed more than 41,000 people and paid a total of €496 million in income tax and other social contributions.
Masaryk’s highest point cost 600 million

The reinforced concrete skeleton of the two buildings we are constructing at Masaryk Railway Station in the centre of Prague has reached its highest point. We first presented British architect Zaha Hadid’s multifunctional building project to the public six years ago, and the building itself began to grow along Na Florenci Street in March last year.
See all articles