Broadway Palace – extraordinary cultural monument in the center of Prague and unique investment opportunity

Broadway Palace – extraordinary cultural monument in the center of Prague and unique investment opportunity

20.01.2022 / 16:48 | Aktualizováno: 20.01.2022 / 23:17

ÚZSVM offers the Broadway Palace for sale in an electronic auction. The new owner will not only get large office space right in the center of Prague, but also a unique building associated with culture and turbulent history.

The project of a functionalist building by architects Bohumír Kozák and Antonín Černý was planned in 1936 and finished in 1938. It was constructed for the needs of italian insurance companies and belongs to the greatist functionalists monuments in historical centre of Prague.

The building consisting of three sections is six and seven storeys high and has three underground floors. In its original form there were also apartments but it was completely rebuilt in 1980s for administrative purposes. In the basement the Broadway cinema was opened in 1938 with the state of the art projection and sound equipment. After the end of the Second World War, the cinema was renamed to Sevastopol, and did not return to its original name until 1989. At present, these premises no longer operate as a cinema but as the Broadway Theater.