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No Hotels For New Holland

Published: July 9, 2014 (Issue # 1819)



  • The reconstruction of New Holland Island is scheduled to be completed by 2017.
    Photo: Newhollandsp.ru

The reconstruction project of New Holland Island in the center of St. Petersburg, worth 12 billion rubles ($349.3 million), is scheduled to be completed by 2017 by the developing company New Holland Development, or NHD. However, plans to build a new hotel have been rejected.

According to Irina Babyuk, chairman of the Investment Committee of St. Petersburg, renovating the existing historical buildings on the 7.8-hectare island to accommodate modern hotels would be difficult. Instead the existing buildings will be renovated to accommodate 3- to 4- star apartments as well as 20,000 square meters allocated for office space, 9,000 square meters for commercial space, 5,000 square meters for exhibitions and about 4,000 square meters for restaurants.

NHD are also planning to build three additional bridges to the island. However, plans and funding to build an additional parking area near the island have yet to be decided by officials.





 


ALL ABOUT TOWN

Monday, Nov. 24


Dr. Axel Schulte, Department Head at Fraunhofer Institute for Material Flow and Logistics in Dortmund, Germany, is the featured speaker at the SPIBA Industrial Committee lecture on “The Fourth Industrial Revolution: Digitalization of the Supply Chain.” The event begins at 4 p.m. at the Graduate School of Management at 3 Volkohvsky Pereulok and registration is required by Nov. 21 either by emailing office@spiba.ru or calling 325 9091.



Tuesday, Nov. 25


Tag along with AmCham during their “Industrial St. Petersburg” Tour program today. This incarnation of the ongoing series will visit Philip Morris Izhora and include an Environmental Health and Safety Committee meeting.


Find out how to expand your business east during the “Business With China” forum beginning today and concluding tomorrow at the Lenexpo convention center. The largest Russian forum dedicated to business with the Asian giant, topics that will be discussed include logistics, customs clearance, trade financing and many more.



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