Renzo Piano's vision for Marvila is already a reality and accelerates with the launch of the South
Children play in the Oriente riverside park. Adults take walks and pass on the bike path on their way to Parque das Nações or Beato. Grandparents arrive with the children from school. The restaurants are preparing to move the room for the next shift. Customers arrive and depart from the stores in the neighborhood, which already has about 900 residents. This was the vision that renowned architect Renzo Piano had for that Lisbon riverfront and that VIC Properties realized, leaving behind decades of oblivion and bringing lives, activity, businesses and community.
In recent years, the transformation that Prata Riverside Village has brought to the city is undeniable. A transformation that is consolidating every day, and which is now accelerating towards its final phase of development, with the launch of the South building, at the southwest end of the neighborhood.
Entirely unimpeded views of River, both to the South and to the East, author’s architecture and urbanism, quality of design and reference finishes and a great care in combining thermal and acoustic comfort with energy efficiency all year round, are some of the flagships of the new South building.
There are 72 more apartments already with the work started, with typologies T0 to T4, which, according to the promoter, allows each building to have an interesting diversity of residents, creating a more organic community, with different profiles and at different times of its life. They are also units that will allow those who did not arrive in time to find what they were looking for in Park – the building next door, already more than 90% sold, with delivery scheduled in early 2025 – to choose the home of their dreams at Prata Riverside Village.
For João Cabaça, CEO of VIC Properties:
“With a clientele of more than 50% Portuguese buyers, but also buyers from the 4 corners of the world, the neighborhood is naturally eclectic and incredibly diverse, perhaps united by a common vision of what they expect from modern life. We can say that Prata has established itself as a project not only at the level of the best that is done in Portugal, but even at a global level. And the recognition of customers from more than 40 countries is proof of this. After the affirmation with the launch in 2019 of a new and promising project in the city of Lisbon, with exclusive apartments located on the Tagus, confirmation followed with the completion of the first phase of the development, with buildings finished, marketed and delivered to their owners. It is now time to celebrate the consecration of Prata Riverside Village, with the creation of a living and vibrant community in Marvila, bringing a new dynamism and a new reality to the city. At the moment, Prata is a successful project, with a proven track record, an unprecedented pace of sales in the market and we will close the year 2024 with almost 500 apartments sold, out of a total of 600 units put up for sale”.
The growing commercial offer of Prata is also bearing fruit with restaurants and cafes, hairdressing and pilates studio, grocery store, decoration and bicycle shops, laundry, art galleries, author studios and, soon, it will have more novelties, such as a pharmacy and other spaces that will contribute to serving those who live and visit the neighborhood.
João Cabaça, the CEO of VIC, also mentions that:
“For VIC Properties, the centrality of Prata is fundamental and, therefore, we highlight the proximity to the airport and the future Hospital de Todos os Santos, the largest and most complete in Lisbon and even in the country. The recent completion of the bike path that connects Praça do Comércio to Parque Tejo, as well as the inauguration of a Gira Station in Parque Ribeirinho Oriente, made Prata even more desirable from the point of view of smooth mobility and close to all Lisboners”. “From the beginning, the objective of the project was to create a space that could give this area of the city back to the people of Lisbon, providing a unique quality of life and uniting the tradition of Marvila with its future”, explains the official. “This dream is already a reality today, and will be more and more, with a residential, cultural and leisure offer that elevates the urban experience of Lisbon to its maximum exponent”.
South Building
Key features:
- Author architecture by the renowned Renzo Piano;
- Generous outdoor areas;
- Typologies: T0 to T4;
- Reference finish map;
- Class A or A+ energy efficiency;
- Panoramic elevators overlooking the Tagus and the building’s common garden;
- Private parking with charger for electric vehicles;
- Air conditioning and home automation.
