The J&T group has been a co-owner of the Rohan Consortium for a long time, whose main character is the aforementioned Sekyra. In 2008, the consortium won the capital city's tender for the developer of Rohanské ostrov and thus gained access to vast parcels of land. It is these that the partners are now dividing among themselves. J&T purchased two hectares from the consortium for its projects, which are located near the Libeň bridge. He plans to buy another two hectares in the coming years.

"On these four hectares, we plan to build a total of 147,000 square meters of gross floor area of apartments, offices, shops, as well as space for services and civic amenities in several stages," describes the chairman of the board of directors of J&T Real Estate, Dušan Palcr. Specifically, houses with a thousand apartments and five multifunctional buildings along the Rohanské nábreží will be built on the site. J&T is investing an estimated 15 billion crowns in the construction, which it wants to start in the second half of next year. Sekyra plans to invest a similar amount in the transformation of his part.

From a black dump to a neighborhood for thousands of people

The territory of Rohan Island is conceptually divided by the transaction into the eastern part, where J&T will build a project called Nový Rohan, and the western part, where Sekyra Group is already completing the first apartment buildings of the Rohan City project. Among other things, a new school will be built in the center of the location, which will be acquired by Praha 8. A new metropolitan park will be created in the neighborhood of the projects on the 56-hectare area. In total, both developers will build a district where thousands of people will live and work.

The land on Rohanský ostrov is gradually being bought by the consortium from Prague. Most recently, in June of this year, Sekyra concluded two purchase contracts for land there for hundreds of millions of crowns with the Prague municipality. According to the original contracts from 2008, Prague was supposed to collect around 1.7 billion crowns for the plots. At that time, the price per square meter was set at 8,567 crowns. However, the purchase price is increased by the inflation index when selling each additional part. It currently exceeds the amount of 20,000 crowns per square meter. The capital will thus receive significantly more for the entire territory than originally expected.

Until the first half of the last century, Rohan Island was a riverbed, which was later filled in. The territory is thus an island only by its name. For many years it was a black dump, during the construction of the metro it served as a storage for excavated material. In 1999, extensive clean-up work began with the vision of revitalizing the entire area. This is only happening now, twenty years later.

J&T is building a new Karlín

The development company J&T Real Estate completed most of its projects in Karlín. In 2019, it completed the Rustonka office complex here, a year later it completed the new headquarters of J&T Bank near the Invalidovna metro station, and this year it approved the Red Court administrative building on site. The next project in the immediate vicinity will be Nový Rohan.

As part of the first stage, J&T Real Estate will build three residential houses designed by Unit architects and Kaama with a total of 258 apartments, which will always include balconies or terraces. In this phase, the developer will also build a trio of office buildings with shops and services. Their architectural form was created by the Loxia studio, which also designed the piazzetta in front of the main entrance and created the composition of the public space.

"We emphasize that Nový Rohan is an architecturally diverse district. Historically, this is how the city has always been created," explains Jana Mastíková, chief architect of the Loxia studio. "The initial conceptual principle is a traditional block construction, but adapted for the 21st century so that the entire district is well permeable and all apartments have high-quality lighting and views of the green courtyard or the river," he adds.