Construction of approx. 5,000 apartments started in Prague in 2019. The city plans to intensify support for new housing construction project

Construction of approx. 5,000 apartments started in Prague in 2019. The city plans to intensify support for new housing construction project


1/15/2020

Construction sector data for the first eleven months of 2019 just released by the Czech Statistical Office (CSO) show that construction of 4,969 apartments in new residential houses started in Prague in that period. In total, construction of more than 5,000 apartments started in Prague last year. This is twice as many as in 2018 and the highest number since 2008. Although it represents an improvement, the capital city would like to see no fewer than 6,000 new apartments started very year and is ready to intensify its support for housing construction / 15 January 2020

New measures that the city has been implementing should accelerate administrative processes, improve coordination between authorities and ensure that deadlines are met, resulting in an increased number of housing construction projects started next year. In addition, some projects that required a change in the zoning plan are expected to proceed to the approval stage. The zoning plan amendment process was significantly streamlined and accelerated in 2019.

For the first time since 2015, construction of approximately the same number of apartments has started in Prague as in Central Bohemia (including family houses). However, on aggregate, construction of 16,000 more apartments has started in Central Bohemia than in Prague since 2010.

City leaders believe that municipal housing projects will help improve the situation in the coming years.