Milan Kratina turns old Prague scrapyard into industrial park

A modern industrial park is rising on the site of a derelict Prague scrapyard in the Dolní Měcholupy district — the Business Park Prague I project is being built by developer Panattoni together with the Accolade group, controlled by billionaires Milan Kratina and Zdeněk Šoustal. Investment in the first phase alone will total almost two billion crowns.

For decades, the site of the former Kovošrot was used for collecting, sorting and processing scrap metal, leaving behind a classic industrial brownfield with environmental problems. The Accolade group bought the plot back in 2019, after which a large-scale cleanup of the site began, stretching on for almost ten years — the time it took to prepare the land and obtain all the necessary permits.

“It was clear from the start that the site would need a complete transformation. For us this was an appealing investment in a very attractive location — there aren't many brownfield sites in Prague suitable for industrial use that can match the former Kovošrot in size and accessibility,” says Jiří Stránský, director of land development at the Accolade group.

The first phase of the park comprises three buildings with a total area of around 44,800 square metres, while the whole site covers almost 140,000 square metres. The buildings will be heated by heat pumps, part of the roofs will be green and fitted with solar panels, and charging stations for electric vehicles will also be installed. Builders took an eco-friendly approach to the demolition itself as well: usable material from the old structures was processed and is being reused directly on the construction site.

About a quarter of the site will be set aside for new green areas, and a planned cycle path will also run through the park. As part of the preparatory works, the adjacent Černokostelecká–Průmyslová road junction was also upgraded at a cost of almost 15 million crowns, with additional turning lanes added to improve traffic flow through the intersection.

The first building in the park is due to be handed over in the first quarter of 2027, with two more blocks following in the third quarter of 2026. The second stage of construction is set to be completed in 2029. The project is a clear illustration of how Kratina and Šoustal's business is turning Prague's industrial legacy into modern logistics and production spaces.