OREANDA-NEWS. On 09 April 2008 was announced, that a de luxe hotel with the area of 26,720 square metres is to be erected in Kitay-Gorod area of central Moscow.

According to a press release by Cushman & Wakefield, the hotel will be located at the address: Bogoyavlensky Pereulok, bldg 3 and 5/1, near Red Square and the Kremlin.

“The project envisages the construction of the new hotel that includes the reconstruction of the historical building located currently on the site within the application of special measures on preserving and reclaiming the historical and city planning environment,” the document said.

Cushman & Wakefield Stiles & Riabokobylko is holding the preliminary talks with the world’s leading hotel operators about the participation in the project.