Investment council of the Nizhny Novgorod region approved the construction project of a hotel with accommodation for 300 people in Nizhny Novgorod in preparation for the 2018 FIFA World Cup in Russia. CEO of the investor company Metallinveststroy-NN Victor Ermolenko told Welcome2018.com that the project investment will amount to 125 million rubles.
"A three-star hotel will be built in Kanavinsky district near the future "Nizhny Novgorod Stadium", which will host the matches of the World Cup,” Ermolenko said. “It will have accommodation for more than 300 people, about 100 parking lots will be organized nearby," he added.
According to Ermolenko, the hotel is likely to have 9 floors, but the project is still under negotiation. "Investment council approved the project of the hotel, it is now being approved in the city administration. There are issues with demolition of nearby garages, but it is handled in accordance with the law. We hope everything will be decided in the near future," the company’s CEO said.
The company expects to begin construction works by the end of 2015. The object is planned for commission in early 2018.
In in preparation for the 2018 World Cup it is planned to construct or reconstruct 13 hotels in Nizhny Novgorod. All works will be carried out by private investors. In 2018 the city will host 6 matches of the World Cup: 4 meetings of the group stage, one 1/8 finals match and one quarter-final.