The event has been in preparation for over 20 years and, according to the mayor of Prague 3, Jiří Ptáček, should start in about a year. The estimated cost is 270 million, but given the rise in construction prices, the price is likely to increase.

Ptáček said that the city district project on the basis of a concluded agreement before the investment department, which will then select a supplier in the competition. “We assume that sometime at the turn of the year, the supplier should compete and the revitalization itself should start in the second half of 2022, ie at about this time of year,” he said.

According to him, the work will be carried out in parts and the exact schedule of the municipality will be worked out. It may change with regard to market developments and prices. Deputy Mayor Petr Hlaváček added that the city will try to raise European money for the event. “It is a matter of negotiations. But in any case, the capital is applying for the investment, even if there are no subsidies, “he said.

In the past, the project met with criticism from local residents, which in the last election period led the then political representation of Prague 3 to stop it. The current set, led by Ptáček, decided to resume work on the project. “Part of the dispute was based on the inability to present the project properly,” said the mayor. “There was a lot of discussion about the fountains, which were originally supposed to go away. Of course, the current project with a fountain counts on the future, “he said.

On social networks, some people also criticized the current plans of the town hall, mostly for fear of preserving the greenery. According to Ptáček, such fears are unfounded. “The greenery remains, nothing will be concreted in the square, most of the areas will be green. What will be paved will be paved with infiltration paving and there will also be a partially threshed surface, “he said.

The Prague company also repaired the metro station on the square in September. New lifts for wheelchairs and parents with prams will be built in it, escalators will be replaced and other parts of the station will be repaired. The repair will take over two years and from January 2023, the station will be closed for ten months. The municipality has been preparing the reconstruction of Vinohradská Street for a long time. The city has not yet announced when the work will begin.

Ptáček added that the next modifications of the year should also begin in Tachovské náměstí and the upper part of Žižkov náměstí. In the competition, the town hall also chose a study of the transformation of Jiřího z Lobkovice Square, on the basis of which, according to the mayor, it plans to commission a project. “Gradually, we are preparing for the revitalization of Ohrady, where we want to announce a competition to prepare a study,” added Ptáček.