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New rules for developers: mandatory co-financing of kindergartens and new parks

8/16/2020 The ruling coalition in Prague has defined new rules for investors, stipulating the amount of their financial contribution to the city to ensure availability of public services in newly erected neighborhoods.

A new lookout opens at Letná

8/14/2020 A lookout point at Letná Plain offering one of the most picturesque views of Prague has been completely redesigned.

Prague Development Company official launched

8/13/2020 At the end of May, Prague approved the establishment of Prague Development Company (PDS), a new organization financed from the municipal budget. The company has now been launched.

Křižík Pavilions and Spiral Theatre at Prague Exhibition Grounds to be renovated

8/4/2020 A long-delayed renovation of the Křižík Pavilions and the Spiral Theatre has received a go-ahead.

Prague to develop new street lighting concept. Prague’s THMP technology company has completed its first part

7/27/2020 City-owned company Technologie hlavního města Prahy (THMP) has completed the first part of Prague’s very first comprehensive street lighting concept.

More crosswalks, fewer barriers. Charles Square starts transforming

7/22/2020 Another stage of Prague’s Charles Square redesign is in progress. In July, TSK Prague, the city’s road technical administration company, launched a phased renovation of roads and pavements at the perimeter of the square.

Construction of a new 4 storey P+R parking for 880 cars commences at Černý Most

7/15/2020 Construction of a new P+R parking house Černý Most III has officially commenced in July with a cornerstone ceremony. The new building is to replace the existing Černý Most I car park, tripling the capacity to 880 cars.

Prague to subsidize refurbishment of apartments in Prague 3 and Prague 10

7/3/2020 On Thursday, July 2, 2020, the Prague City Assembly approved a subsidy of nearly 11 million crowns from the Accessible Housing Development Fund.

City Assembly approves construction of a funicular to connect Podbaba, Troja, and Bohnice

7/2/2020 Prague 6, Troja and Prague 8 districts to be connected by a funicular in five years. Prague City Assembly has approved an investment plan to build the funicular for an estimated CZK 1.5 billion.

Prague to buy part of tennis park at Letná

6/30/2020 Prague City Council has approved an intent to purchase a plot of land currently occupied by a part of a tennis park on Letná Plain, from the Office for Government Representation in Property Affairs for CZK 78,330,000.
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