The land is intended for future residential construction. The project will also include the construction of civic amenities, including commercial establishments. The location has potential for future development, today there are tram and public transport stops, a railway station, a shopping center, as well as the Kuchajda lake and natural swimming pool, in close proximity to the property.

The long-neglected and unused land has the character of a brownfield. "As a developer, we spend considerable effort and resources on the revitalization of brownfields and their further full use. A good example is Bratislava's Jurkovičova Tepláreň - a national cultural monument that we have successfully reconstructed and today serves the general public," said Juraj Nevolník, executive director of Penta Real Estate Slovakia.

He believes that the company will succeed in this project as well, in the framework of which it will consistently approach the removal of any environmental burden. The goal of the project will be the revitalization of the abandoned area in such a way that in the future it will be beneficial for residents, tenants, but also for the city itself. Penta Real Estate decided not to disclose the value of the transaction.