Forty million euro to be invested in a residential composite near Plovdiv
18.10.2007
The company's second project phase embraces erection of a five-star hotel on the premises of the 9th kilometre motel. A residential compound and a five-star hotel amounting to 40 million euro will be erected at the Plovdiv highway exit.
The developer's first phase of the project, which is at a more advanced stage, implicate construction of public and residential buildings on a 72-hectare plot. The draught name of this phase is 4th kilometre - named after the highway exit toward Pazardjik, where the position is located.
The public constructions will have a gross actual area of 36 000 sq m and will house bank and insurance firm offices, a post office, and a sports halls. The residential unitys will have a gross actual area of 57 000 sq m. The project has a detailed architectural plan, main parameters have been pinpointed, and building will start at the beginning of 2008.
The company's second project phase embraces erection of a five-star hotel on the premises of the 9th kilometre motel. The construction will not start before 2009-2010.