Investor today opened the renovated Chlumecký palace in Brno

Brno - The company Magnum today opened the renovated historic Chlumecký Palace in Brno. The building had been one of the most neglected structures in the city center. The investor's repairs, including the acquisition of the property, cost nearly 400 million crowns. This is roughly half the amount that the construction of the AZ Tower skyscraper, the highest building in the Czech Republic, cost.
    On the ground floor of the Chlumecký Palace, there are shops, while the upper floors feature offices and apartments. The building has its own entrance with 30 parking spaces. The exterior facade retains its historic character. The courtyard has been reconstructed and raised by two floors. The completion of all 32 apartments is planned by the company within three to five months.
    Miroslav Vymazal, the owner of Magnum, told the Czech News Agency (ČTK) today that all commercial spaces and offices are already occupied. "We will offer the apartments on the market only after completion," Vymazal stated.
    Magnum has already completed the reconstruction of several buildings in the city center. Just on Czech Street, where the Chlumecký Palace stands, the company has completed three projects. The latest one is among the largest. A floor area of 7000 square meters has been created on the site.
    The city management also appreciated the renovation of the historic building today. Deputy Mayor Oliver Pospíšil (ČSSD) stated that the investment in the reconstruction of the "ruin" required great courage. He mentioned that people would also appreciate that the crane and the fence that restricted the promenade have disappeared from Czech Street after long months.
    Vymazal indicated that his goal is not to sell the property. "We strive to reconstruct properties and hold them long-term. We only sell them exceptionally," he explained.
    The reconstruction of the Chlumecký Palace began two years ago. The extensive building, which has stood in the center of Brno since the mid-19th century, was in a dilapidated state. The Chlumecký Palace is a protected monument. It was built in the 1850s on the site of four original medieval burgher houses. Tailors, bakers, butchers, and soap makers lived there, as well as wealthy owners of brickworks and breweries, and some noble families.
    In 1852, the Chamber of Commerce and Industry moved into the new premises. At the turn of the 19th century, the editorial office of the Lidové Noviny newspaper relocated there. Since 1910, Czech patriots used to meet in the famous Café Brichta on the ground floor. However, the investor does not want to remind people of the house's history in its interiors. "We have given the house a new spirit," Vymazal said. According to him, it would not be right to focus only on one part of the house's history, whose roots date back to the Middle Ages.