Prague 1 wants to build a nine-story residential building in Truhlářská

Prague - A modernist nine-story building may rise in Truhlářská Street in Prague. The city hall of the first district wants to build it on a vacant lot where a two-story building was demolished for the construction of the Palladium shopping center. The object with apartments is expected to cost about 144 million crowns. This was stated today by the mayor of Prague 1, Filip Dvořák (ODS), at a press conference. He said he does not yet know whether the investor will be the city hall or a private entity.
    "It is a modernist-designed building," said Dvořák. The approved proposal anticipates that the building will have nine residential floors with 32 small and larger apartments. The total construction costs are planned to be around 144 million crowns, and work is expected to begin at the start of 2011. The city district now wants to apply for the issuance of zoning and building permits.
    "The permitting process will take three times longer than the construction," said the mayor. According to him, the city district has already applied for the necessary permits. The city council must still decide on the actual construction, which must include the necessary funds in the budget.