Leading developer wants to buy Dancing House

One of the leading local real estate developers, the Developer Central Group has expressed an interest in purchasing the so-called Dancing House in the center of Prague for a quarter of a billion crowns. The developer announced that they want to house a museum of architecture and design in the modernist structure, co-designed by the world-famous architect Frank Gehry. The building’s current owner, CBRE Global Investors, said a few weeks ago that they want to sell the Dancing House. The building, which was completed in 1996, was originally meant to house a library, theater and a café, but the Dutch investor at the time opted for commercial use of the space. Currently, it houses offices and a restaurant on the top floor.