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The organizer of the architectural competition was the Institute of Planning and Development of the City of Prague. Now the project is being taken over by the city’s contributory organization, the Prague Development Company (PDS), which was established by the town to prepare building projects on city plots.
According to current assumptions, the Vltava Philharmonic building should be completed in 2032. The cost of its construction is not entirely clear given the current situation. The latest estimates (from the end of last year) were CZK 6 billion. The city is trying to secure state participation in financing the project.
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