Cream Investments wants to build the Fabrika complex in the centre of Zlín for CZK 3.5 billion

by   CIJ News iDesk III
2023-09-21   13:41

Cream Investments has obtained a building permit for the construction of a multifunctional building complex called Fabrika. It will be built in the centre of Zlín, in the eastern part of the former Bat'a factories. The factory should be completed by 2027, three buildings will be built there, connected by a glass monoblock on the lower floors, the cost is estimated at CZK 3.5 billion, the company announced. The complex will include a shopping centre and a sports centre.

"This is our biggest investment so far, and with today's market conditions we are calculating the cost of building Fabrika at around CZK 3.5 billion. Over the next few years, we want to invest another ten billion in the complex, and we will focus mainly on apartments," said Petr Tankó, the company's majority owner.

The two Fabrika buildings will have two underground floors for parking, three floors of a shopping centre, and two more floors will be dedicated to sports activities. A multiplex cinema will replace the sports section in the third building. A separate building next to Fabrika will be a 3,000 square metre ice rink. "Compared to the original project we presented to the public five years ago, the new Fabrika is a completely different concept," said Cream CEO Martin Jarolím.

In his opinion, it was important to offer enough quality shops in the past, but today, especially for the younger generation, it is mainly the offer of leisure activities that is attractive. "The buildings have halls for a range of sports with a total area of 7,000 square metres. Half of them, including a large hall of 1,200 square metres, will be equipped with special acoustic elements so that concerts can be held here," said Jarolim.

The factory, with the designation of buildings 24, 25 and 26, will stand on the site of the gap between the buildings of the Bata Institute and building number 34, where Cream has its headquarters. The total area of the Factory is 70,000 sqm, of which the shops will occupy 30,000 sqm, and 1,000 parking spaces are planned. The new look of Fabrika is the work of architect Vit Masl.

The company also owns other properties in the former Bata complex, having previously bought, for example, building 64 or 32, which houses the Czech Post Office and shops, and the building also contains offices and loft apartments. Cream has been announcing the construction of Fabrika for several years, and in 2014 the factory buildings 24, 25 and 26 were demolished. However, some people in Zlín criticized the demolition of the old factory buildings and preferred reconstruction.

The industrial complex in the centre of the regional town covers an area of about 65 hectares, and the eastern part is the seat of the regional and financial office and the regional police headquarters. The Bata Institute, which was created by the reconstruction of buildings 14 and 15, houses the regional library, gallery and the Museum of South-East Moravia in Zlín. The western part of the complex is used for production and logistics.

Source: Cream Investments and CTK
Photo: Cream Investments