VGP, the developer and owner of semi-industrial and logistics real estate, is expanding its portfolio with another location in Ústí nad Labem, where it plans to build a new technology park named “VGP Park Ústí nad Labem City”. As the name suggests, the project is strategically located close to the city centre. Nevertheless, it is only 2 km from the D8 motorway connecting Prague and Dresden. The complex will be built on a brownfield site where the former Avirunion glassworks were located. The premises are bounded by Sklářská, Tovární and Kekulova streets and cover an area of almost 11 hectares. VGP plans to develop more than 52,000 m2 of lettable space here intended mainly for logistics companies. The project now has all the permits to begin construction.