CONSTRUCTION OF SHOPPING CENTER AND UNDERGROUND PARKING

Project Description

The project aims to create a multifunctional trade and service center, an underground

parking in 25/1, Charents Street in Yerevan. According to the design it is planned to

construct a renovated and green zone, which will provide pedestrian connection from

Charents Street to school No. 20 after John Kirakosyan and its surrounding residential

block.

There are no major shopping centers along Charents Street and the surrounding area is

densely populated.

The renovated structure area of the roof can be used as a place to organize various social

events.

Technical Data The total surface of the area is 963.3 square meters, green area covers 345 square meters,

the total surface of the building is 2919 square meters.

The project proposes to construct a 4-storey center, 2 ground floors are planned for

commercial (763 square meters) and office (272 square meters) spaces and 2 underground

floors are planned for parking for 24 cars (884 square meters), as well as for storage area

with the surface of 1.000 square meters.

Project Deadlines

Up to 2 years

Project Cost Around USD 2 million

Investment Type

and Fundamental

The project will be implemented with the involvement of private investment. Yerevan

Municipality will assist the investors in providing information about the legal status of land

Terms acquisition documents necessary for project implementation. Yerevan Municipality will assist

in the preparation and organization of the project activities.

Present Data

Conceptual design and sketches-design are available.