On 2 November 2009, the concept for the new Prague development
plan was published.
The development plan is one of the principal documents for the
development of Prague over the next few years.
The new development plan is expected to come into effect in 2012 and contains the following new principles:
- reconstruction and revival of neglected areas
- development of recreational areas
- new rules about the location and construction of high-rise buildings
- a new methodology for functional and territorial regulation
- an emphasis on the development of mass transportation, in particular rail traffic
A public hearing about the concept will take place on 23 November 2009. Members of the public may submit proposals about and/or objections to the concept up until 9 December 2009.
The next stage may involve the concept being further amended before the draft development plan is prepared. This is expected to be finalised in 2010-2011 and, again, will be subject to proposals and objections from the public. The final right to amend and approve the development plan is vested in the council of the City of Prague.
Investors planning to implement a project in Prague in the future should carefully review the concept and the draft for their particular area of interest and submit any proposals and/or objections they may have within the required deadlines.
Law: Act No. 183/2006 Coll., the Building Code
This article was written for Law-Now, CMS Cameron McKenna's free online information service. To register for Law-Now, please go to www.law-now.com/law-now/mondaq
Law-Now information is for general purposes and guidance only. The information and opinions expressed in all Law-Now articles are not necessarily comprehensive and do not purport to give professional or legal advice. All Law-Now information relates to circumstances prevailing at the date of its original publication and may not have been updated to reflect subsequent developments.
The original publication date for this article was 09/11/2009.