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It has the same population as Olomouc, yet for half a century it has lacked a downtown area where people could meet, socialize, shop, and work. Jižní Město, the largest housing estate in the Czech Republic, tells a story of a debt owed to its residents, but also of a better future.
The concept of a “15-minute city” is no longer just a theory in Prague. FINEP’s Nový Opatov project combines a major transportation hub, a well-thought-out mix of functions, and vibrant public spaces. A place that for decades functioned primarily as a transportation hub on the outskirts of Jižní Město now aspires to become a full-fledged center—connecting housing, work, services, and leisure activities within a single compact area.
The urban layout of the “Nový Opatov” project by Studio acht builds on the original plans for the development of Prague’s Jižní Město district from the 1960s, when the center was planned to be located directly next to the Metro Line C station. This project was never completed, which has had a negative impact on the condition of the area.
The real estate development company Finep, in collaboration with Starochodovská, will build the Nový Opatov neighborhood in Prague’s Jižní Město district for approximately five billion crowns. Construction is expected to begin next year, with completion scheduled for 2026, Finep CEO Tomáš Pardubický announced on Thursday.
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