#Czech Republic #Prague #Skanska #D.O.K. Radlice

Skanska's Investment in Prague

In an exciting move toward sustainable urban development, Skanska has recently committed to investing CZK 1.6 billion (approximately SEK 700 million) in a new residential project called D.O.K. Radlice, located in the Radlice district of Prague, Czech Republic. This initiative marks a step forward in both residential construction and sustainable living practices in the region.

Project Overview

The D.O.K. Radlice project will comprise 177 low-energy apartments distributed across three residential buildings. Notably, one of the buildings will be distinguished as the largest timber structure in the Czech Republic, adhering to eco-friendly building practices. This project is strategically situated near natural monuments and green park spaces, which will contribute to the creation of a serene living environment complete with a tranquil courtyard and children's playground.

Emphasis on Sustainability

At the core of the D.O.K. Radlice project is the commitment to low-impact living. The design seamlessly integrates energy efficiency and blue-green infrastructure, aiming to significantly reduce the overall carbon footprint associated with residential buildings. Preliminary analyses indicate that utilizing wood for one of the buildings can replace approximately half of the concrete typically required, while also cutting CO2 emissions by up to a third when compared to conventional building practices. Furthermore, the buildings are expected to achieve high ratings in the international BREEAM sustainability certification, underscoring Skanska's dedication to environmentally conscious construction.

Construction Timeline

Construction for the D.O.K. Radlice project is slated to commence at the end of June 2025, with aims for completion by 2027. The construction contract alone is valued at CZK 1.0 billion (about SEK 460 million), which will be recorded in Skanska's order bookings for Europe during the second quarter of 2025.

Conclusion

Skanska's investment in the D.O.K. Radlice project represents a significant contribution to the sustainable living landscape in Prague. With an emphasis on energy efficiency and reduced environmental impact, the new residential development is set to redefine urban living in the area. For media inquiries or further information, please contact Jan Pohorský, Communications Team Leader at Skanska Residential Development Europe, or Andreas Joons, Press Officer at Skanska Group.

This development not only aligns with Skanska's overarching sustainability goals but also demonstrates a growing trend among construction firms to embrace innovative building practices that prioritize the environment and community well-being.