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Multiplex planned beside Incheba

A new multifunctional complex, offering 86 sizeable apartments, nearly 6,000 square meters of business space and a 3,000-square-meter parking lot, is to be finished within the next 12 months on a site beside Incheba, the well-known exhibition center on the south side of the Danube River.
Having first appeared on urban planning maps in 1990, the center already started construction once, but stopped due to lack of finances. The idea of finishing it was suggested in 1997 by Renos, a real estate and construction company which is the owner of the complex.
"The complex is in a great location," said Vladimír Kristl of R-Consult, the company that provides marketing and counselling services for the project. "It is close to the center, close to Petržalka, close to the highways, and that is in my opinion its greatest advantage."

A new multifunctional complex, offering 86 sizeable apartments, nearly 6,000 square meters of business space and a 3,000-square-meter parking lot, is to be finished within the next 12 months on a site beside Incheba, the well-known exhibition center on the south side of the Danube River.

Having first appeared on urban planning maps in 1990, the center already started construction once, but stopped due to lack of finances. The idea of finishing it was suggested in 1997 by Renos, a real estate and construction company which is the owner of the complex.

"The complex is in a great location," said Vladimír Kristl of R-Consult, the company that provides marketing and counselling services for the project. "It is close to the center, close to Petržalka, close to the highways, and that is in my opinion its greatest advantage."

Petržalka, Bratislava's largest suburb, does indeed seem to be bound for a construction boom, especially in those areas close to the banks of the Danube and to downtown Bratislava. The location offers connections to the highway, nearby border crossings with Austria and Hungary, a brand new train station and a planned subway. Topped with Petržalka's 130,000 inhabitants, who could become clients or employees of the new projects, this location becomes a prime spot, for all that it is still very much in need of various facelifts.

Bratislava City Hall is convinced that the new center will provide the necessary renewal. "If this complex is built, it will be a positive remake of this area," said Milan Vajda, spokesman for Bratislava Mayor Peter Kresánek.

The complex consists of three individual buildings. The "A building" is the largest and tallest with 13 storeys. The two bottom floors are slated to be business space. The remaining 11 floors, which will have a separate entrance, are designed for residential space. The size of the 86 apartments ranges from 50 m2 for a one-bedroom flat to 75-80 m2 for a two-bedroom flat. The building will incorporate some features of the hotel that was once planned to stand on this site. Contracts on about 70 apartments have already been signed.

The rest of the complex is divided into two parts: the "B building," which offers retail and office space, and the "C building," which is actually a 3,000-square-meter underground parking lot.

Renos doesn't yet have a clear idea of who the tenants of "B building" will be. "It really depends on who is interested," Kristl said. "If a tenant is interested, we can adjust the project to his requirements."

But Renos's flexibility does have its boundaries. If the company is not able to sell the space before construction is finished, which means 12 months from now, the new tenants will have to rent or buy space as is, regardless of their specifications.

There are 3,200 square meters of commercial space in the "B building" and 2,780 square meters of commercial and office space in the "A building". The rent per square meter is 6,000 Sk/year for office space and 7,000 Sk/year for commercial space.

So far, Renos has received proposals for various parts of the building from companies of different sizes. "There are companies interested in small shops for newspapers, gift shops, textile shops and perfumery suppliers," said Kristl.

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