The construction of Old Yerevan district will be started this fall, the Minister of Urban Development, Narek Sargsyan, said at the Parliament.
The Old Yerevan complex will be built on the territory between the central streets of Yerevan. The buildings will have two underground floors, three floors above ground and an attic. A hotel will be built near the complex, NEWS.am reports.
As Armenian PM Hovik Abrahamyan said earlier, the investments in the project may reach $120-130 million.
