The committee will discuss proposals for the development of Rohanský Island

Prague - The selection committee of Prague city councilors will discuss today the offers from investors for the development of large plots of land on Rohanský Island. Seventeen candidates have applied for the competition for the lease and subsequent sale of city parcels. It is uncertain whether a verdict will be made today regarding which of them will advance to the second round.
    The competition involves more than 200,000 square meters of parcels. A new urban center with residential buildings, services, hotels, offices, and green spaces is to be developed on them. The investors who applied had to respect the already prepared urban planning study.
    Since September, offers have been evaluated by a law firm. Allegedly, the companies Consortium Rohan from Sekyra Group, Development Pobřežní from J&T financial group, and Avenzo Vice have the best chances to advance to the second round. Some members of the committee question the procedure of the competition. It is possible that the committee will have additional assessments prepared.
    In the first round, urban planning considerations were to be evaluated. Only in the second round will the candidates be prompted to submit a financial offer.
    Rohanský Island, like the entire Karlín area to which it belongs, was devastated by a catastrophic flood in August 2002. Currently, the neighborhood is protected from potential repetition of such natural disasters by barriers. Most of the parcels that the city is offering in the competition are in the protected part of the island.