Prague 14 completes mixed-use project with affordable rental housing in Černý Most

24 March 2026

A mixed-use development in Prague’s Černý Most district has been completed, combining municipal services, a library and more than 60 rental apartments designated for key public sector workers.

The project, located near the Černý Most metro station, includes housing intended for professions such as healthcare workers, teachers, police officers and emergency services staff. Rents have been set at CZK 230 per sqm, approximately half of prevailing market levels in the area, according to the Prague 14 district.

Construction began in late 2023 and the building is now largely occupied. A municipal service centre has been operating since February, while a new branch of the Prague Municipal Library is scheduled to open in June.

The development was delivered through cooperation between the Prague 14 district, the City of Prague and Česká spořitelna’s affordable housing platform, which joined the scheme following a concession tender. Total construction costs remained within the original estimate of CZK 630 million including VAT. The City of Prague contributed CZK 120 million, while Česká spořitelna invested CZK 200 million and became a co-owner of the residential component.

Mayor of Prague 14 Jiří Zajac said the scheme addresses a shortage of affordable housing in the capital, particularly for essential workers. He added that the combination of housing and public services also improves accessibility for local residents.

Minister of Labour and Social Affairs Aleš Juchelka described the project as part of a broader effort to support workforce stability in large cities, noting that access to housing plays a role in retaining key professions.

The site had previously remained undeveloped for around 30 years due to unresolved property issues. Following their resolution, the land was transferred by the city to enable the project to proceed.

Representatives of Česká spořitelna said the scheme reflects a wider need to expand municipal housing alongside private residential development. They pointed to a pipeline of municipal projects across the Czech Republic, while noting that further progress will depend on establishing a stable financing framework at the national level.

In addition to housing, the building incorporates public amenities, including a modern library and a municipal contact point, intended to serve both residents and the wider community.

The project was designed by Loxia and delivered by Geosan Group under a Design & Build contract, with construction management provided by FETTERS management.

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