Brno is looking for a designer for 300 cooperative apartments in Přízřenicích

Brno – Brno plans to build 300 cooperative apartments in Přízřenice, estimated to cost one and a quarter billion crowns. It is now looking for a designer. The project documentation should be completed by 2023, and the planned construction in the Brno district is expected to finish in 2026. This was stated today in a press release by Radka Loukotová from the press department of the city council.

Construction is set to take place on Moravanská Street. Brno has announced a tender for the designer. Part of the assignment for the contractor of the project documentation includes the results of a volumetric study prepared by the Office of the Architect of the City of Brno. "In the current zoning plan, these city plots have long been designated for residential development, and the upcoming zoning plan also takes this into account,” said Jiří Oliva (ČSSD), the mayor's deputy for housing.

The overall costs will stem from the project documentation, which the city currently estimates at 1.25 billion crowns. "The project will be financed, as expected, by the newly established cooperatives, and the city's endeavor will be to assist them in securing a loan from the bank under more favorable conditions than for individuals," Oliva said.

According to him, the apartments will not be created for profit, as is the case with commercial projects. "Cooperative members will acquire them at cost prices. The last municipal new building on Bratislavská was successfully contracted by the city at a net floor area price of about 32,000 crowns per square meter excluding VAT, while the selling prices of developer-built apartments have recently exceeded 100,000 crowns per square meter in Brno. It is therefore evident that the idea of cooperatives that build for their members and not for profit is currently highly relevant. We are doing everything we can to expedite the preparation of the construction,” Oliva added.

Further locations being prepared for cooperative construction include Kamenný vrch, Francouzská, and Rumiště. "Cooperative housing is the city's response to the unrelenting rise in property prices, which ordinary people can hardly reach anymore. We are supporting young people who want to invest in their own property through this initiative. We do not want these people to have to leave the city just because they cannot find an apartment here. They love Brno, maybe they studied here, now they work here and have all their social ties, and they would be forced to commute here daily,” concluded Mayor Markéta Vaňková (ODS).