City to Co-Finance Reconstruction of Street Facades

Total Croatia News

In the next 6.5-8 years the City will allocate two billion kuna for the reconstruction of facades of approximately 5,000 buildings, Zg Magazin reported on March 22, 2017.

Decision on the conditions, methods and criteria of co-financing the reconstruction of apartment building facades in the City of Zagreb was adopted by a majority vote at the City Assembly on Tuesday. 80% of the cost of reconstruction of street facades and 60% of the cost for all other facades will be co-financed by the City, if the co-owners of buildings express their interest in renovation.

A special Commission will determine a list of priorities and buildings will be scored, among other things, based on the age of the building, its impact on the environment, monumental value, whether it poses a threat for the passengers’ safety, year of its last renovation, etc.

The facades are to be completely renovated, using the same materials as the original, or materials similar to them.

Zagreb Mayor Milan Bandic believes that this is the best project to have been presented to the Assembly in the past 17 years, and it will, as he said, change the image and the face of Zagreb. The reconstruction will cover 50,000 apartments with about 200,000 residents. The price for each building will be about half a million kuna.

The Mayor added that 3,000 objects have been registered in the first three months, and an additional 2,000 buildings are expected to be registered in the future.

10,000 workers will be employed at the construction sites and two-thirds of the money will go back to the city budget through tax and surtax. The Mayor stated that this was “a civil engineering version of the New Deal.”

 

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