Prague city councillors have approved the Strategic Concept for the Development of the Holešovice Market until 2038, which envisages an investment of CZK 5 billion. The aim is to create an attractive area serving Prague citizens of all ages and interests, which will also be economically self-sufficient.

"The approved concept is a roadmap to the goal of making the Holešovice Market Hall a complex that serves the needs of Prague citizens with diverse interests, needs, ages and incomes, and which does not burden the budget of the capital city with its operation, but on the contrary is able to contribute to the budget," says Councillor Holešovice. Adam Zábranský, Prague's Minister for Property, Transparency and Legislation.

"The proposed schedule of investments and the possible use of the buildings are not binding, the Council and the City Council of the Capital City of Prague are not obligatory. They will be subject to change and will also independently approve all investments above CZK 5 million," adds Adam Zábranský.
The market will be managed by the municipal company Výstaviště Praha from 2022. The current state of the site requires a complete reconstruction of half of the buildings and a partial reconstruction of the other half, including a complete renewal of the infrastructure.

Partial modifications are already underway, for example the replacement of boilers in the halls housing Jatka78 and Alza. A major milestone will be the reconstruction of the former slaughterhouse exchange in Hall 4, which is due to be completed in 2025.