"Bydlení Úvaly" is a large suburban residential development on a site of approx. 35,000 m2 in Úvaly, on the eastern borders of the city of Prague, owned by Hostín Development s.r.o. Arcona Capital is responsible for the project’s development management and sales. The development was divided into several phases. Construction of the first and second phases, comprising 66 apartments in 4 blocks, has now been completed and all units sold. Phase 3, comprising 22 family houses, commenced in Spring 2020, with development finance being provided by Unicredit Bank CZ and construction undertaken by BauStav of Karlovy Vary. Pre-sales of the houses are approaching a level of 50%.