400 million EURO investment in mixed complex close to Bulgarian's capital
Gardens Group company ntend to invest in a large-scale plan of mixed type near Sofia's village of Lozen.The investment would total 400 million euro, investor. bg announced. The name of the complex would be Garden City and it would include 600 000 sq m.
The complex would embrase nearly 200 apartments, 240 houses, trade centres, office buildings, a sports centre, a school and a kindergarden.
The project is anticipated to be completed by 2012.
More than 100 000 sq. m. of the area would be covered with green areas. The sales price of Garden City is awaited to reach 500 to 600 million euro.
Gardens Group started construction of its Bistritsa Gardens residential complex on September 20. The new complex at walking distance from the centre of the village of Bistritsa. It would embrace 52 one-family houses with total build-up area of 16 000 sq m.
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