Prague wants more affordable housing. The city developer has launched the first projects in five years Business
The problem with the lack of affordable apartments should be addressed Prask development company, its establishment agreed at the end of April to wish councilors. If the meeting was approved by a representative at the end of May, the new city subsidiary organization should start operating on June 1. For five years she could apply for land to decide for the first two residential projects with 200 and 400 apartments.
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Prask development company can manage the real estate of Prague and initiate and coordinate the construction of an apartment on suitable land. Private companies will be the mainstays of the construction. As a result, the mix should be more rugged, medium-sized for small groups, and will be for sale to private ownership.
This institution can help with housing construction in Prague, it does not have to replace private investors. However, their partner and individual projects must be prepared. The result will be fast and efficient construction on the city’s lands, to Ji Pospil, chairman of the United Club for Prague.
Pattern from Germany
When founding its developer, Prague was inspired by Munich and Hamburg, where similar organizations have been operating for years. The construction of city flats in Prague has been steadily declining since 1991, and in 2008 it stopped in full. And 99 percent of the flats built since 1995 were built by the private sector, says Petr Hlavek, the first mayor in charge of the Prague Development Company. He adds that there is a political consensus on the need to revive urban housing during the period of urban housing and to make housing available in Prague.
As follows from the resolutions of the Prague councils, the Prague development company will manage large plots of land owned by Prague, for example in the Black Bridge, Dolny Poernice, Hrdloezy, Kri, Kyje, Lhotka, but also in Smchov and Vrovice. At the same time, the management of Prague agrees that it will not sell plots suitable for residential construction. It was selected around forty plots of land suitable for urban housing construction in the coming years.
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My priority now is two projects. One of them is at Palmovka in Prague 8, the other location is Nov Dvory in Prague 4, Petr Hlavek told LN. According to Hlavek, Palmovka has long been a neglected location near the center. Nov Dvory is on the D metro line. According to the resolution of the board, the Prask development company should prepare the first projects with a capacity of 200 and 400 flats so that in the second half of the year they can get a land decision.
Complement of a private building
The city invested 13 million crowns in the new contributions of the organization. The director will be appointed by the city council. The editorial advisory board will be a member of the investment expert committee. The director will emerge from the Zen woman. Until then, Tom Vesel, director of the master’s decision-making section, should be appointed. The company is expected to employ eight and ten people in its first year.
Developei values established Prask development company positive. Many other cities have a similar organization. This system also works in Prague, but provided that this organization is professionally run and will have an experienced manager who has good development experience, even Korec, CEO of Ekospol . It is a coincidence that the city will provide its own land for housing. However, the city’s housing construction can never be replaced by a private one, and it will always be a small addition.