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Printed from: http://petersburgcity.com/news/business/2009/04/21/four_seasons/ Business news, 21.04.2009 13:36 Investments to the construction of the hotel will amount $ 200 million
Investments of "Tristar Investment Holdings" to the restoration of the Lobanov-Rostovsky mansion in St. Petersburg, where in 2010 will be opened Four Seasons St.Petersburg hotel, will amount 200 million dollars. Bank "Uralsib", which provided for the project a loan of 45 million dollars said about it.
Initially, "Tristar Investment Holdings' planned to spend 135 million dollars for reconstruction of the building area of 26 thousand square meters, but the planned investment was increased. From the total investment 25-30% was mastered, the total construction work completed by 80%. There will be 183 rooms (an average area of 46 sq. m) and two restaurants in the hotel. The Strabag company is a main contractor. JSC "Tristar Investment Holdings" established in 2001. It implements the realization of development projects in the area of the hotel St. Petersburg.
News source: petersburgcity.com
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