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Armenia: Future Projects and Developments

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  • Armenia: Future Projects and Developments

    Post pics of any new buildings (2010-present), and any pics of plans for development or things currently in development


    Lake Side Resorts, will be a hotel/entertainment resort set around a man made lake, located near Yegvard, Armenia. It will have Ararat as a backdrop with five smaller 4-5 star hotel resorts on the other side of the lake.

    It's supposed to have restaurants, shops and boutiques, galleries, pools and water parks, fitness and sports club, a concert hall, exhibition center casinos, arcades, playgrounds and daycare for children, business and conference centers spas, mountain touring and wind surfing, and a ski resort on the mountains



    The government is overseeing the project and MGM is a major investor.

    There's a video which can be viewed in English, Armenian, or Russian on their site, explaining the plan in further details and how they plan for the resort to make money, etc. It's planned to be finished by the end of 2014.

    You can view the video here

    http://newarmeniaresort.com/indexu.html (it's like 7 mins though, so be warned)
    Due to budget cuts the light at the end of the tunnel has been turned off.

  • #2
    Re: Armenia: Future Projects and Developments

    This is a proposed multi purpose skyscraper(offices, residences, and hotel are located in each tower) designed by Vahan Misakyan for Yerevan



    you can read more about it here http://www.evolo.us/architecture/str...er-in-armenia/

    I can't see this building in the center of Yerevan next to the older buildings, if they do go through with it, I hope it would be like Paris, where all the new skyscrapers are set in a different part of the city than the historical buildings
    Last edited by ara87; 02-17-2011, 12:58 AM.
    Due to budget cuts the light at the end of the tunnel has been turned off.

    Comment


    • #3
      Re: Armenia: Future Projects and Developments

      Originally posted by ara87 View Post
      This is a proposed multi purpose skyscraper(offices, residences, and hotel are located in each tower) designed by Vahan Misakyan for Yerevan



      you can read more about it here http://www.evolo.us/architecture/str...er-in-armenia/
      well that will definitely stand out in armenia
      Մեկ Ազգ, Մեկ Մշակույթ
      ---
      "Western Assimilation is the greatest threat to the Armenian nation since the Armenian Genocide."

      Comment


      • #4
        Re: Armenia: Future Projects and Developments

        New Terminal at Zvartnots International Airport



        Due to budget cuts the light at the end of the tunnel has been turned off.

        Comment


        • #5
          Re: Armenia: Future Projects and Developments

          The first two are really cool projects but they are most likely very expensive and I doubt that they will be built. I hope I a wrong though, I'd love to visit these places if they are constructed.
          For the first time in more than 600 years, Armenia is free and independent, and we are therefore obligated
          to place our national interests ahead of our personal gains or aspirations.



          http://www.armenianhighland.com/main.html

          Comment


          • #6
            Re: Armenia: Future Projects and Developments

            The second one wasn't chosen, it was for a competition who would build the intercontinental hotel in Yerevan, in the area where the former student complex stood. A japanese architect one, and construction has already begun. Also a nice building.

            The construction on the first one has "officially" begun, but I doubt it. If so, I would recommend people to buy land near the resort, as it is extremely cheap now.

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            • #7
              Re: Armenia: Future Projects and Developments

              The new airport is going to be really nice. Already the arrival terminal is very nice, modern, clean, except for construction outside. The old Soviet terminal is falling apart, and kind of depressing honestly to go through.
              Մեկ Ազգ, Մեկ Մշակույթ
              ---
              "Western Assimilation is the greatest threat to the Armenian nation since the Armenian Genocide."

              Comment


              • #8
                Re: Armenia: Future Projects and Developments

                I may have spoke too soon in my previous comment. I e-mailed the organization that is going to construct the first project, and below is a copy of the message I sent and the reply I received.


                Hello,
                >
                > I like this project very much, I hope to learn more about it. What is the current status of this project? Has the current world economic crisis affected the plans to carry out this major undertaking? What can you tell me about investment opportunities?



                Dear ______, thanks for writing to us.


                Currently the project is in the final step of its implementation. The project has been evaluated by The Innovation Group with very positive results, endorsed by the President, Prime Minister, the National Assembly (Parliament), The Public Council and many others. We are starting the Raising Public


                Awareness campaign in Armenia. Number of major events have been organized in that regard by the Public Council of Armenia. The goal of this campaign is to turn the project into a National initiative and change the mentality of Armenian investors worldwide, who can not finance the project separately and are not familiar or used to the idea of doing it together, by forming a National Corporation and employing professional corporate governance for it.


                World economic crisis had change the mentality of smaller investors. However, these size of construction projects are wiser to start during the crisis due to the lower costs of materials and labor, and finish it to be ready when the economy picks up people are ready to spend. This practice has been and is continuing to be the best approach employed by most successful entrepreneurs.


                Right now we are forming the interest list of investors, who want to participate in the share capital of the project. There is no need to invest any money at this stage, just expressing the willingness to participate will be enough. When the number of investors who want to participate, with their expressed investment amounts get to the $100 million USD amount, we will organize a general shareholder meeting, where details of the project and the company to be registered will be presented, discussed and voted. Only then the interested parties will need to come up with the capital to get their shares (stocks). The company will employ 100% transparent practices, ensured by a very professional group of employees (mainly from Diaspora) who will also need to be approved by the shareholders.


                If what you have heard so fur is raising your interest, please let me know and I'll send you the Investment Summary document. If for some reason you have lost your interest, I will still thank you for taking your time and inquiring about the project, which is much better then staying passive and just criticizing others who want to do something and improve their and others lives.


                Kind Regards,

                Armen Vartanian
                Principal
                Lakeside Resorts in Armenia
                For the first time in more than 600 years, Armenia is free and independent, and we are therefore obligated
                to place our national interests ahead of our personal gains or aspirations.



                http://www.armenianhighland.com/main.html

                Comment


                • #9
                  Re: Armenia: Future Projects and Developments

                  I hope this doesn't turn into the next Burj Khalifa because Armenia needs investment in other areas more crucially than a resort.
                  Azerbaboon: 9.000 Google hits and counting!

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                  • #10
                    Re: Armenia: Future Projects and Developments

                    Originally posted by Federate View Post
                    I hope this doesn't turn into the next Burj Khalifa because Armenia needs investment in other areas more crucially than a resort.
                    yes I agree, our investments should be aimed at more crucial sectors, rather than fancy hotels, that some rich Russians or Americans will go to.
                    Մեկ Ազգ, Մեկ Մշակույթ
                    ---
                    "Western Assimilation is the greatest threat to the Armenian nation since the Armenian Genocide."

                    Comment

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