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Prague has no flats and the state has no money for pensions, but together they plan to build a new philharmonic

The price of the Vltava Philharmonic will exceed nine billion. The state and Prague are expected to recoup their investment

When Prague learned on 17 May that the Danish architectural studio Bjarke Ingels Group would give the Vltava Philharmonic its new look, it was a major milestone for the long-prepared project of a concert building on the banks of the Vltava River. But the complex work has only just begun. In addition to the fact that the winning team now has to refine their proposal into a detailed architectural study, it is also necessary to start addressing more concretely who will pay for the construction of the modern cultural building and how. And also how much the building project of the century will cost in the end.

Source : https://forbes.cz/cena-vltavske-filharmonie-se-dostane-nad-devet-miliard-statu-i-praze-se-pry-investice-vrati/
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