Work starts on Vision Park phase II from Prague
The Economia publishing house will move into its new headquarters in Karlín, Prague 7 by the end of June 2013. While this part of the Vision Park Karlin is nearing completion with only fit out works to be finalized, construction on the second phase of the project recently took off.
Consisting of a reconstructed industrial object and a new building (both designed by Ricardo Bofill), the scheme is being built by Průmstav. Of the total of 15,000 sqm of office in Vision Park, some 43 percent has been pre-leased to Economia and a few other companies belonging to the landlord, Zdeněk Bakala.
The total investment of EUR 28 million will be 60 percent financed by a development loan by Česká spořitelna. Zdeněk Bakala and Bessel Kok are 90:10 partners on the project. (source: cijjournal.com)
