KAJETÁNKA is a unique residential development on expansive grounds of a 16th century Baroque chateau located just 2 kilometres from Prague Castle in the distinctive Břevnov neighbourhood of Prague 6. Over four centuries, KAJETÁNKA has been home of an idyllic vineyard, a serene monastery and the lavish gardens of a grand family estate. KAJETÁNKA has been fully restored, with three luxuri…
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The project consisted of 83no. apartments and a retail development, where 30% of the construction was complete. The development company was in receivership and a contract was in place with a main contractor to complete the development. The Receiver initially instructed McCarthy & Associates to appraise the current project status and report on the potential construction, statutory compliance an…
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This project related to an incomplete residential development in Longford Town, consisting of the construction of 86no. residential units and all associated access roads, services and landscape works. McCarthy & Associates were requested by the financial institution to carry out an appraisal of the project files and current status of the development. As part of the report, McCarthy & Assoc…
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The project consisted of 16no. uncompleted apartments and a ground floor retail unit which were approximately 90% complete. In this instance the development company had been placed in receivership and the main contractor had been liquidated. McCarthy & Associates were appointed by the receiver to assess the status of the development, review compliance with the relevant statutory regulations an…
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The Challenge Our brief on behalf of a financial institute was to negotiate with a local authority the release of a financial bond and have the relevant site infrastructure taken in charge. Due to concerns of the local authority on the incomplete nature of the development and site infrastructure, the council indicated their intention to call in the financial bond issued by the developer’s bank, …
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The Challenge The project involved the renaissance of an Art Nouveau landmark 5-star Four Seasons Hotel on the banks of the Danube. Following serious difficulties between the developer and the builder, the project was over budget and the construction programme was two years behind schedule. Against this background of serious commercial uncertainty, the client Quinlan Private employed McCarthy …
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Challenge This project involved construction of three residential towers, each with 211 modern apartments, in the attractive area of Bratislava’s Nové Mesto. It was a joint venture project between QPG and local developers, Cresco. Local architects were appointed by Cresco to produce a design for this development but it subsequently became evident they were unable to produce a scheme that compli…
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McCarthy & Associates challenge was to complete eighteen apartment units in two semi-detached three storeys over basement blocks, which were nearing completion when work was stopped in early 2008 and the development closed up. Design team certification had not been attained in order to facilitate sale of the units. On instruction from the Receiver, McCarthy & Associates contacted the origi…
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