The famous First Republic Barrandov Terrace will undergo a period of renewal and reparations starting from June.

Fallen in ruins since 1950s, the complex was owned by the Havel Family, including the former President Václav Havel. The building has then been sold in 2001 to Liberec construction company Dzikos.

There’s already a project for the main building, built in Functionalist style in 1928, which will be converted into a luxury hotel.