Panattoni Europe is giving new life to a brownfield near Teplice

The transformation of the former Kavalier glassworks in Hostomice near Teplice into modern industrial premises has successfully passed the environmental impact assessment and received a positive decision within the screening process. Panattoni Europe can start demolishing and rehabilitating the site and preparing the Panattoni Teplice South industrial park. The new industrial zone will offer 32,000 m2 of top-quality industrial space for light production and logistics and up to 300 new jobs for the Teplice region. The investment of half a billion crowns should be realised this year. In so doing, the developer is continuing with its large plan to revitalise Czech brownfields.

“Kavalier glassworks was one of the many traditional industrial enterprises that fell ten years ago as a result of the economic crisis. At the time, virtually none of these abandoned factories could be used for other purposes, and therefore they gradually became brownfields. Now we want to give a new life to the Hostomice site so that its story can continue. It's great news, because it means that 10 years after the crisis we can cope with its long-term consequences,” said Pavel Sovička, Managing Director of Panattoni Europe for the Czech Republic and Slovakia.

Panattoni Park Teplice South is attracting clients due to its sufficient amount of skilled workforce and excellent transport infrastructure. The complex is located directly on the exit from the partially four-lane I/13 road, which connects the Ústí nad Labem Region with the Liberec and Karlovy Vary Regions. The nearest access to the recently completed D8 motorway is just 15 minutes away.

“We are always pleased when a new development will bring something positive not only to its users, but also to the site and its surrounding area. In the case of Hostomice, in addition to removing old environmental burdens, I would also like to highlight the contribution to the regional economy. Structurally affected regions need precisely these impulses to ensure the return of prosperity and a young skilled labour force,” said Ivan Holata, mayor of Hostomice.

“It is interesting that after the site has been cleaned up, we will also be using a recycling line for building materials that is on its last legs, but which still works on the site, to prepare the new industrial zone. The crushed recycled material, which is the result of the regrinding of the last concrete slabs, will help us to reinforce the areas for the construction of the new building. It is in line with the ecological trend to make the most of all available resources that are already in the locality,” says Klára Sobotková, Business Director of Panattoni Europe for the Czech Republic and Slovakia.

Panattoni Europe is currently launching several major projects in north and northwest Bohemia. In addition to the traditional industrial zone in Cheb, it is preparing areas in Ostrov in the Karlovy Vary Region and in Chomutov. The common denominator of all the sites is the revitalisation of brownfields, of which Panattoni Europe has developed over 2 million m2 across the country.