Myšák Gallery will offer shops, offices, and luxury apartments within a year

Prague - Shops, offices, and luxury apartments are expected to be completed next September in the Myšák Gallery building on Vodičkova Street in the center of Prague. A previously announced café U Myšáka will also open at the original location, offering sweets based on original recipes. Total investments will amount to approximately one billion crowns. Representatives of the development company Sekyra Group Asset Management informed journalists today.
"The new luxury shopping gallery will surely delight citizens and visitors of the capital city, as it will connect the Franciscan Garden with Vodičkova Street and Jungmann Square, thus expanding the very popular pedestrian zone," said Tomáš Hlaváč, director of Sekyra Group Asset Management.
Myšák Gallery will offer 10,400 square meters of retail, office, and residential spaces. Retail spaces will occupy 3,400 m² across three floors, while 4,000 m² across four floors is designated for administrative purposes, and there will be 32 apartments in additional areas. The underground floors will house storage spaces and nearly 90 parking spaces for tenants.
Residential apartments with balconies and terraces will face the Franciscan Garden, originally a monastery garden whose history dates back to the mid-14th century. The smallest apartment, a 2+kk, will have an area of 48 square meters, while the largest will be a 7+1 duplex apartment occupying 326 square meters. The luxury finish and the exceptional location are reflected in the prices of the apartments. The cheapest can be purchased for slightly over eight million crowns, while the most expensive is nearly 65 million crowns excluding VAT. Twelve apartments, including the most expensive one, have already been sold or reserved. Both Czechs and foreigners are interested.
The Prague 1 district welcomes the project. According to councilor Filip Dvořák, the city hall appreciates that the building will also offer apartments and that the famous café will be reopened.
The investor of the Myšák Gallery project is the real estate fund CEE Property Development Portfolio. The fund's sponsor and one of its shareholders is Česká spořitelna. The project is the work of architects Martin Kotík, the Omicron K studio, and Studio Casua. The general contractor is Metrostav.
The new building, with nine above-ground and four underground floors, is adjacent to the structure made famous by its rondo-cubist façade from the 1920s. The construction was preceded by negotiations with conservators, who advocated for the restoration of the original form of the once-popular café. The façade will be preserved, as well as the first basement, which features vaulted ceilings.
The building, informally known as U Myšáka, was constructed in 1881 according to plans by Prague architect Otto Ehlen, initially with a neo-Renaissance façade, according to architect and architectural historian Zdeněk Lukeš. It has been remodeled several times since then. The façade took on its final form between 1921 and 1922. According to the estate of the owner, the famous Czech architect Josef Gočár was asked to design the façade. Some experts dispute this and attribute authorship to builder and architect Josef Čapek.
The building on Vodičkova Street was returned in restitution in the 1990s and then sold several times. Its technical condition continued to deteriorate, and the building fell into disrepair. In July of this year, part of the reconstructed building collapsed. According to police, the building fell due to poor-quality masonry. The stability of the structure was likely also jeopardized by the demolition of a neighboring building.