The SO-HO Residence is being built on the brownfield of the former Tesla factory. The construction includes 194 modern apartments and 8 commercial units on the ground floor. The general construction contractor Hochtief anticipates the completion of the 2nd stage in the 4th quarter of 2026. 

Cresco Real Estate has sold or reserved more than 35% of the apartments from this second stage. The buildings are designed in a low-energy standard, rainwater from the roofs and paved areas is used to maintain the greenery in the project. Extensive greenery on the roofs helps to save the energy needed for heating or cooling, and at the same time gives a green feeling to the residents in the surrounding apartments.

"As part of the second stage, we will also build a kindergarten with two classrooms and a garden, which, after the completion of the new building, we will hand over to the Prague 7 district and they will operate it," said Aleš Svatoň, Director at Cresco Real Estate for the Czech Republic.