Brno plans to build 300 cooperative flats in Přízřenice for an estimated one and a quarter billion crowns, however, they are now looking for a designer. The project documentation should be completed by 2023, the planned construction in the Brno district should be completed in 2026, according to Radka Loukotová from the press department of the municipality.
Brno has announced a tender for a designer. and the development will be built in Moravanská Street. Part of the assignment for the contractor of the project documentation are the results of a volume study prepared by the Office of the Architect of the City of Brno. “In the valid zoning plan, these municipal plots have long been intended for housing development, and the planned zoning plan also counts on it,” said the mayor’s deputy for housing Jiří Oliva (ČSSD).
The total costs will result from the project documentation, the city currently estimates them at CZK 1.25 billion. “However, the project will be financed by newly established cooperatives, and the city will strive to help them arrange a loan with the bank on more favorable terms than for individuals,” Oliva said.
According to him, flats will not be created for profit, as is the case with commercial projects. “Cooperatives will get them at cost prices. The city managed to compete for the last new city building in Bratislava for a net floor area of about CZK 32,000 sqm without VAT, while the sales prices of developer residential new buildings in Brno have recently jumped over CZK 100,000 sqm. “So it is obvious that the idea of cooperatives, which builds for cooperatives and not for profit, is now extremely topical. We are doing everything we can to speed up the preparation of construction as much as possible,” added Oliva.
Kamenný vrch, Francouzská or Rumiště localities are also being prepared for cooperative construction. “Cooperative housing is the city’s response to the unstoppably rising real estate prices that ordinary people can hardly reach. We support young people who want to invest in their own real estate in this way. We do not want these people to have to leave the city just because they do not get an apartment. They like Brno, for example they studied here, now they work and they have all the social ties here and they would be forced to commute here every day,” concluded Mayor Markéta Vaňková (ODS).
Source: CTK
