Apr 23, 2024

City in Motion: Full List of Prague’s Development Projects

Prague is embarking on a transformative journey with a comprehensive suite of construction projects that will fundamentally reshape its cityscape and infrastructure.

 

One of the centerpieces is the new Smíchovské nádraží. The project, started in February 2023, is slated for completion by 2030, with a cost of approximately CZK 12.9 billion shared between the City of Prague and the Railway Administration.

 

Another significant project on the horizon is the Dvorecký Bridge, aiming to establish a connection between Podolí and Smíchov districts by 2025. The project will include a climbing wall, a skate park, and an amphitheater on the Podolí side. A park adorned with unique and artistic street lighting designed by the renowned Czech artist Kryštof Kintera is also planned for the Smíchov bank of the bridge.

 

Wenceslas Square is undergoing a multi-phased revitalization process that started with its lower section in 2023 and will progress to its upper portion by 2026. This redevelopment prioritizes enhancing tram connectivity, pedestrian and cyclist accessibility, and overall aesthetics with the addition of new tree rows. The upper section of the project is estimated to cost around CZK 2.1 billion.

 

Jiřího z Poděbrady Square, a beloved landmark in Prague’s Vinohrady district, is undergoing a restoration that promises to elevate both its charm and functionality. The project, launched in January 2024, is anticipated to be completed in 2027 with an investment of approximately CZK 478 million. Enhancements include the planting of new tree lines and greenery, designed to provide both aesthetic appeal and ecological benefits.

 

Furthermore, the construction of the European Union Agency for the Space Programme (EUSPA) headquarters in the previously underutilized Prague 8 Town Hall signifies a pivotal step towards establishing Prague as a hub for space exploration and technology. This project, commencing in mid-2024 and expected to conclude by 2025, carries a price tag of approximately CZK 2.5 billion.

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Additionally, the Masaryk Railway Station is slated for a significant upgrade to improve its integration and connectivity with the city. This project, started in February 2024, aims to enhance accessibility and modernize the facilities for an estimated cost of CZK 3.4 billion, with a target completion date of 2027.

 

Finally, the city will witness the construction of the highly anticipated metro D line, connecting ten stations over a 10.6 km route. This project, launched in 2023, targets first-stage completion by autumn 2029, with an investment of CZK 14 billion.

 

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