MMR plans a new headquarters funded by the proceeds from the sale of its buildings

Prague - The Ministry for Regional Development (MMR) could move to a new headquarters by the end of 2011. This is accounted for in the schedule currently being prepared at the office. Its final version has not yet been approved, so it is possible that the plan may still be delayed. The office would acquire funds for the new building by selling its existing properties. Possible construction costs and revenues from the sale of the buildings still need to be determined by expert assessments and audits, MMR spokesperson Hynek Jordán said today.
    Despite the still unclear outlines of the plan, Jordán emphasized that the entire project is expected to impose no demands on the state budget.
    Should the plan materialize, MMR would follow the Ministry of Industry and Trade (MPO), which today received government approval for its plan to exchange 13 buildings for a single headquarters for approximately 1400 officials of the ministry and its subordinate organizations.
    In addition to its headquarters in the Old Town Square, MMR owns properties in the capital, as the spokesperson noted, such as those on Letenská Street in Mala Strana or Na Příkopě Street.
    Like MPO, MMR also has affiliated organizations. For example, the State Housing Development Fund is located in Prague in a building on Dlouhá Street, and it also has an office in Olomouc. The CzechTourism agency is based in Prague in Vinohrady, while the address of the Institute of Territorial Development can be found in the center of Brno at Jakubské náměstí.