This leading construction company won a tender in which the developer approached two dozen potential partners. All renowned construction companies operating on the Slovak market entered the selection.

Construction will begin in March

"At the end of the year, we negotiated the contractual conditions and concluded a contract with the winner of the tender," says Ing. Zoltán Müller, Chairman of the Board of Vydrica Development.

It follows that construction work on the first stage of the project should begin on March 1, 2022 and end in 2024. Construction will begin with the construction of reinforced concrete load-bearing structures.

"Vydrica is not only an architectural but also a technologically exceptional work and it is therefore a great challenge for us to participate in its implementation. We are also pleased with the trust of the investor who bet on our years-proven brand, "said Ing. Marek Ščury, director of the BA area and procurator of the STRABAG company Pozemné a inžinierske staviteľstvo s.r.o ..

Apartments for singles and large families

The first stage of the Vydrica project, which will be financed by Tatra Banka, contains a set of four residential and one office buildings. These will be located in the area between the Fishing Guild and the Water Tower.

There will be 207 apartments on offer, from small one-room to 5-room maisonettes. It will be a high standard of workmanship, which includes ceiling cooling, underfloor heating, exterior shading and premium materials on facades, balconies and terraces.

"The authors of the project base their designs on traditional materials such as stone and brick, which are used on sidewalks, facades and public spaces," explains Juraj Rehák, Member of the Supervisory Board of Vydrica Development. In addition to the apartments, there will also be 2,360 m2 of office space and 3,900 m2 of retail space in the buildings.

Source: Ľuboš Schwarzbacher

Vydrica building

"The Vydrica project is extremely exposed and we are aware that in a few years it will be visible on almost every postcard in Bratislava," recalls Zoltán Müller and adds: the historic dusthouse building. "

A separate project is the restoration of the oldest standing monument in the capital - the Water Tower. In December last year, in cooperation with the Bratislava Metropolitan Institute, the Bratislava - Staré Mesto district, experts from the Regional Monuments Office and the Municipal Institute of Monument Protection, an architectural competition was announced for this national cultural monument, to which top architectural studios from Slovakia and Czech Republic.

The result of the competition is to be a meaningful integration of the Water Tower area, which is a city property, into a new city-building structure and the creation of an attractive place with a socio-cultural function. It will also include an accessible archeological site.

About Vydrica

The company VYDRICA DEVELOPMENT, a.s. was established as a joint venture by merging Vydrica, a.s. and the Luxembourg company Ikopart, while the manager of the Vydrica project is the development company Lucron. After many years, the intention was revived and a new project was prepared in cooperation with several teams of domestic and international architects and urban planners.

Lucron is a major Slovak residential developer, which has been operating in our country since 2005. Its current portfolio includes the Bratislava projects Nesto, Rakyta, Urban Residence, Malé Krasňany, Eden Park, Jaskový rad and the Arboria project in Trnava. Lucron is part of the international IKO Real Estate group, which has its origins in Luxembourg and has more than 30 years of experience in the real estate business.

In addition to focusing on commercial projects and residential housing in Luxembourg and Belgium, the company has also invested in iconic construction - it has built the Charlie Chaplin Museum in Switzerland.