Epress.am News from Armenia
According to local opposition newspaper Haykakan Jamanak (“Armenian Times”), it’s quite likely that a 50-storey building will soon be built adjacent to Moscow Cinema and Golden Tulip Hotel in Yerevan. According to news the paper has received, this plan is secretly being discussed in the corresponding departments at Yerevan City Hall and several design agencies.
The building, according to the daily, will be called Persia Tower and it will be a mixed-use development with several floors set aside for commercial use; others, residential; and more than 10 floors to be designated as a hotel.
The newspaper’s sources in city hall have stated that the Iranian party in the deal has already taken specific steps in getting the interest of the necessary officials. Yerevan’s chief architect Narek Sargsyan, through his assistant, conveyed to Haykakan Jamanak that he is familiar with this project, but he will not comment at this time.
The newspaper concludes that if the chief architect avoids providing an honest assessment of this project, it means that the possibility of allowing such a structure in the heart of Yerevan is not ruled out.