'The Augustine' - Waldeck Capital Development

Waldeck Capital is working in close cooperation with the excellent team at The Rocco Forte Collection, including Sir Rocco's sister, Olga Polizzi, interior designers, project managers, historians and preservation specialists to deliver an exquisite product. The Hotel Yearbook 2008 has already marked The Augustine as one of the four hotels to set standards for the future.

Intensive meetings are held regularly with public authorities responsible for preservation of historical heritage in Prague as the development is located in the very centre of Prague's Malá Strana - the entire area protected not only by the local Czech authorities but also by UNESCO.

The first phase of negotiations covered the period until the issuance of the building permit whereby all the historical and archaeological surveys were to be performed as well as listings of all valuable historical items.

The second phase covers the construction period whereby the authorities consistently inspect and monitor the construction process with respect to adherence of the developer and contractor to the limitations and guidelines set by the respective historical/preservation authorities in the building and urban permits.