Eurovea City is a premium business, retail and residential complex in Bratislava, Slovakia, in the Pribinova Zone at the border of Old Town and the borough or Ružinov, between the Old Bridge and the Apollo Bridge, bordered by Pribinova street from the north and the river Danube from the south.
Eurovea City connects the Bratislava Riverfront with the city center and offers stores and leisure time facilities while housing businesses, apartments and a Sheraton hotel. Phase I of the Eurovea complex was developed by Ballymore Properties at the cost of €350 million and it opened after four years of construction in 2010.[1]
Eurovea Phase II feature the skyscraper Eurovea Tower with height of 168m (551feet) and 46 floors above the ground.[2] Construction started at the end of 2019 and finished at the end of 2023.[3] The whole investment cost approximately €300 million.
Before the construction of Eurovea, the area featured numerous older small buildings along Pribinova Street, including the Stoka Theater. The riverfront area was empty.
Irish real estate development company Ballymore Group purchased the land of the Eurovea area in 2002 for 550 million Slovak korunas.[4] Construction of Eurovea Phase I started in July 2006, the Sheraton Bratislava Hotel opened in February 2010 with the rest of the complex opening in March 2010.
Original plans estimated the finish date for Eurovea Phase II in 2007 or 2008,[5] but the construction was postponed mainly because of the Great Recession.
Peter Korbačka, Chairman of J&T Real Estate and partner of J&T Finance Group, acquired the complex through the Cypriot company Trenesma Limited for €364 million in the summer of 2014, becoming the largest real estate transaction in Central and Eastern Europe at that time.[6] It was the largest transaction in the history of Slovakia until 2021, when Investment bank Wood & Company and Tatra Asset Management have acquired the Aupark Bratislava shopping centre from Unibail-Rodamco-Westfield for €450 million.[7]
Eurovea City is located in the area called Zóna Pribinova - nábrežie, part of the Pribinova Zone, an area of Bratislava that is divided between the Dunajská neighborhood of the Old Town borough and the Nivy neighborhood of the Ružinov borough. It is bordered by the Pribinova Street from the north, building of the Ministry of Interior of the Slovak Republic from the west, the river Danube from the south and Košická Street from the east, covering an area of 86,155 meters squared.
Eurovea Phase I covers an area of and offers of office space, 235 apartments and 1,800 parking spaces.
It consists of the Eurovea Galleria shopping mall including leisure facilities (cinema, casino, swimming pool and fitness), apartment complex Eurovea Apartments (formerly River Place), office complex Eurovea Central (formerly Pribina Place), the 5-star Sheraton Bratislava Hotel and part of the Bratislava Riverfront.
The area includes the M. R. Štefánik Square (Námestie Milana Rastislava Štefánika) and the historical Warehouse No. 7. Almost two thirds of the Eurovea Phase I area are covered by green and public areas. Their construction cost was approximately €13 million and they belong to the city of Bratislava. The public area opened to the public on March 26, 2010.
In Phase II, developer J&T Real Estate extended retail space by adding, build 487 new homes, added of office space and 2.245 parking spots, extended green area on the riverfront by two times (from). The most important landmark in the extended complex is skyscraper Eurovea Tower, with 46 floors and height of 168m (551feet).
Phase II finished at the end of 2023. The shopping mall introduced several newcoming retail brands in the Slovak market, including Primark.[8]