Sat, Nov 21 2009
Plovdiv's architectural studio Arkont-A won the tender called to pick a design for the renovation of the city's central railway station, mediapool.bg reported.
The National Railway Infrastructure Company (NRIC) has said, as quoted by Dnevnik daily, that the investor selected to do the renovation will also be granted building permission for additional construction in the area as compensation.
The architectural project amounts to 150 million euro and envisions building two glass domes with a diameter of 25m, the construction of retail and residential complex as well as complicated infrastructure of underground tunnels connecting Plovdiv's centre with the southern part of the city.
The new buildings will be owned by the investor, NRIC has said, as quoted by Dnevnik daily.
Further negotiations with the defense and finance ministries regarding the land plots selected for the new construction are expected to take place within the upcoming six months. The reason is that, currently, the offices of the National Revenue Agency are located on the land plot.
At the same time, according to mediapool.bg, Sofia's central railway station will also undergo renovation, which as of now is estimated at 35 million leva. The project features the construction of a multi-functional building with office and retail spaces as well as a parking lot.
Interest in the Sofia project so far has been expressed from Spanish investor Riofisa, which already has a project in the vicinity of the rail station, in addition to Italian and Austrian developers.
Project's architect said he was inspired by the beautiful, elegant and practical structures in Vienna, which served for the model of his neoclassical architecture.
The Black Sea town of Pomorie has approved a proposal for the construction of a spacious and modern marina, with a capacity of over 600 yachts and small passenger ships.
Over the course of a year, from one of the leaders in Europe in new construction, Bulgaria became one of the countries currently quagmired at the bottom of the table and was now amongst the three worst hit countries, along with Romania and Slovenia.
The park is posed to act as an economic stimulant in the region, creating a modern infrastructural base for companies. It is set for completion by Q3 of 2010.
Both retailers target at least 50 outlets in Bulgaria by the end of 2010.
When will Bulgaria’s real estate and construction sector recover?