A Perm investor, Rashid Gabdullin, said that the implementation of the project to build the Tyubetei Tower in Kazan will continue, despite the financial crisis, InKazan reports.
The tower will be located on the banks of the Kazanka, near the ‘Kazan Arena’ stadium. Around it will be a recreation park with an area of 16 hectares. The tower is expected to become the highest architectural site in Kazan (123.5 metres). At the top, there will be an observation deck with an area of 200 square metres, 123 square metres of which will be made of glass.
The amount of investment in construction will amount to 350-400 million rubles. The project will take at least 2 years, and after the end of its competition, it will take 9 months to develop design estimates and the main stage of construction and another 6 months to complete all work and put the facility into operation.