Barrandov Terraces
Encyclopedia
Barrandov Terraces is a complex of buildings in the southern part of Prague
Prague
Prague is the capital and largest city of the Czech Republic. Situated in the north-west of the country on the Vltava river, the city is home to about 1.3 million people, while its metropolitan area is estimated to have a population of over 2.3 million...

, Czech Republic
Czech Republic
The Czech Republic is a landlocked country in Central Europe. The country is bordered by Poland to the northeast, Slovakia to the east, Austria to the south, and Germany to the west and northwest....

. It is dominated by the functional view restaurant Terraces (Czech: Terasy) designed by architect Max Urban (1927-31). Barrandov Terraces are a part of the project of Václav M. Havel for the construction of a neighbourhood on the slope of the Habrová hill. The building is owned by the company Barrandovské terasy, a.s., its major shareholder being Michalis Dzikos.

After the Second World War Barrandov Terraces were nationalized
Nationalization
Nationalisation, also spelled nationalization, is the process of taking an industry or assets into government ownership by a national government or state. Nationalization usually refers to private assets, but may also mean assets owned by lower levels of government, such as municipalities, being...

 by the state. In 1982 the popular Trilobit bar was closed.

In 1992 the complex was returned to the Havel family, specifically to brothers Ivan and Václav, sons of Václav M. Havel. Ivan M. Havel transferred his share ownership to his wife Dagmar. After a couple of years Václav Havel
Václav Havel
Václav Havel is a Czech playwright, essayist, poet, dissident and politician. He was the tenth and last President of Czechoslovakia and the first President of the Czech Republic . He has written over twenty plays and numerous non-fiction works, translated internationally...

 transferred his ownership share to his second wife Dagmar Havlová, who in turn purchased from the wife of Ivan Havel her share for more than 20 million Czech crowns. The swimming pool, a property acquired from the company Vodní stavby for CZK 900 thousand in 1994 was excluded from the deal. In October 2001 the dilapidated Trilobit bar burned down, is was at that time a refuge for a small group of homeless people.

In August 2001 Dagmar Havlová transferred Barrandov Terraces to her company Barrandovské terasy, a.s. and two years later sold her majority stake in the company to an unknown investor. A project for the reconstruction of Barrandov Terraces includes a plan for construction of a hotel, which is likely to improve the profitability of the project.
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