Multifunctional Shopping & Entertainment Complex with an Aqua Park

Short overview

Region

Stavropol Krai

City/town

Essentuki

Project description

The project envisions construction of a modern shopping & entertainment complex in Essentuki. The complex includes:
- wintertime and summertime aqua parks
- pedestrian shopping mall
- promenade and entertainment zones, restaurants
- gaming and movie halls convenient for meetings at any level
- car and bus parking lot
Additionally, the project envisions the building of a VIP zone to include a four-star hotel, floating restaurant complex, spa center, and botanical garden.

The project has access to an energy-independent, rich infrastructure.

The land plot allocated for the project is centrally located in Essentuki, in a resort zone with a high degree of accessibility for holidaymakers and residents of the region of the Caucasus Mineral Waters [Mineralnye Vody].

Unique features of the project

- the area offers a splendid view of the Beshtau Mountain, one of the most beautiful peaks in the Northern Caucasus;
- all project elements will be arranged compactly in a single complex united by a modern architectural solution

Estimated cost of the investment project (Euros)

100 000 000

Shareholders' own resources (%)

25

Borrowed resources (%)

75

Availability of design estimates (yes or no)

no (The project has been included in the Urban Development Concept, adopted by the Urban Development Commission of Essentuki in August 2006)

Company name

Gornaya Chasha Ltd.

E-mail

1014122@mail.ru
president@essentuki-waterpark.ru

Web-site

http://www.essentuki-waterpark.ru; http://www.aquaparkkavkaz.ru

Type of the project

Hotels and recreation. Culture

Detail overview

GENERAL INFORMATION

Region

Stavropol Krai

Company name

Gornaya Chasha Ltd.

Municipality, City, District

Yessentuki

Brief positioning of project

Investment Project Objectives: Creation of a new shopping and entertainment facility within the area of the Caucasian Mineral Waters national balneotherapeutic health resort

PLOT

Site TYPE

Unoccupied land

Enterprise (organization) name — owner name

OOO GornayaChasha

Legal address

11 Internatsionalnaya St., Yessentuki, Stavropol Territory, 357600

Telephone

+7 (495) 507-03-80; +7 (495) 101-4122

e-mail

1014122@mail.ru; president@essentuki-waterpark.ru

Extension options

yes

LOCATION

Restrictions

yes

Remoteness

Center of the constituent subject

1

OWN TRANSPORT FACILITIES

Communication type (motorway)

yes

Communication type (railway branch)

yes

Communication type (port, landing stage)

yes

Communication type (post/telecommunications

yes

PROJECT INVESTMENT COSTS

Concept development design

yes

Comment

Urban planning concept has been approved;

Preparation of design and estimate documentation (

yes

Preparation of design and estimate documentation (

no

Comment

Under development

Expert examination of design and estimate document

no

Comment

Under development

ECONOMIC INDICATORS

Shareholders' own resources (%)

25

Требуемый объем инвестицийBorrowed resources (%)

75

Payback time, years

4-6