At its session on Monday, the Prague City Council approved the next phase of preparations of a rental housing project that should expand the city’s housing stock by approximately 45 new homes. The apartment building will be built on municipal land in Durychova Street in Nové Dvory area in Prague 4, where a new line D metro station will be built in the next few years.

Nové Dvory is one of Prague’s largest development areas where the city owns continuous plots of land suitable for housing construction. The construction of the line D metro station provides an impetus for the development of the entire area, which will include various housing projects, a kindergarten and primary school, a commerce and services center and facilities for leisure activities, in particular sports and culture.

One of the first residential projects in this area will be located at the intersection of Novodvorská and Durychova streets. The Prague Development Company (PDS) will use funding allocated by Prague City Council to draw up a feasibility study for the construction, hold a public tender for design contractor and to prepare documentation for a zoning decision.