Developer CTP has started the demolition of the former Brno textile factory Vlněna

Brno - The development company CTP Invest began last week with the demolition of the former large Brno textile factory Vlněna, where a complex of administrative buildings is to be gradually built over the coming years. Later, smaller apartment buildings may also be added. The revitalization of the area is expected to last ten to 12 years, and office buildings will be constructed according to market demand, said CTP's South Moravian director Tomáš Budař to ČTK.

Vlněna was established in the first half of the 19th century and gradually expanded. It occupies the area between Dornych, Přízova, and Mlýnská streets, and the Ponávka stream also flows through the area. Gradually, all buildings will be demolished except for the Bochner Palace and one other. Until 1941, the factory belonged to the Jewish Stiassni family. After the war, the enterprise continued to operate in the nationalized industry, with production stopping in 1997, and since then, the area has been falling into disrepair.

"Including the Bochner Palace, there will be ten buildings in the area offering 82,000 m² for rent. The ground floors will host services and shops, while the upper floors will contain offices. We plan to build gradually depending on customer interest," said Budař.

With the exception of a single building, the complex will maintain the height of the former factory. The tallest building will be slightly higher than the neighboring Dorn, which is nearing completion, at about 60 meters. The complex will also offer 1,150 underground parking spaces.

The developer expects the demolition work to be completed in November and construction to begin sometime next year. This is a project of similar duration to the several years-long construction of the Spielberg Office Center along Heršpická Street, where a complex of office buildings was created in several phases.

After several years of stagnation in the office space market, the Brno market is experiencing a boom. Companies, typically multinational, are seeking modern spaces near the city center with good public transport accessibility.