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Currencies exchange rates (as of 11.06.2010): 
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15.01.2010  
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Ðóññêèé  /  English

Multifunctional Shopping & Entertainment Complex with an Aqua Park

Short overview
Region
City/town
Essentuki
Project description
The project envisions construction of a modern shopping & entertainment complex in Essentuki. The complex includes:
- wintertime and summertime aqua parks
- pedestrian shopping mall
- promenade and entertainment zones, restaurants
- gaming and movie halls convenient for meetings at any level
- car and bus parking lot
Additionally, the project envisions the building of a VIP zone to include a four-star hotel, floating restaurant complex, spa center, and botanical garden.

The project has access to an energy-independent, rich infrastructure.

The land plot allocated for the project is centrally located in Essentuki, in a resort zone with a high degree of accessibility for holidaymakers and residents of the region of the Caucasus Mineral Waters [Mineralnye Vody].
Unique features of the project
- the area offers a splendid view of the Beshtau Mountain, one of the most beautiful peaks in the Northern Caucasus;
- all project elements will be arranged compactly in a single complex united by a modern architectural solution
Estimated cost of the investment project (Euros)
100 000 000
Shareholders' own resources (%)
25
Borrowed resources (%)
75
Availability of design estimates (yes or no)
no (The project has been included in the Urban Development Concept, adopted by the Urban Development Commission of Essentuki in August 2006)
Company name
Gornaya Chasha Ltd.
E-mail
1014122@mail.ru
president@essentuki-waterpark.ru
Web-site
Type of the project
Hotels and recreation. Culture
Detail overview
GENERAL INFORMATION
Region
Company name
Gornaya Chasha Ltd.
Municipality, City, District
Yessentuki
Brief positioning of project
Investment Project Objectives: Creation of a new shopping and entertainment facility within the area of the Caucasian Mineral Waters national balneotherapeutic health resort
PLOT
Site TYPE
Unoccupied land
Enterprise (organization) name — owner name
OOO GornayaChasha
Legal address
11 Internatsionalnaya St., Yessentuki, Stavropol Territory, 357600
Telephone
+7 (495) 507-03-80; +7 (495) 101-4122
e-mail
1014122@mail.ru; president@essentuki-waterpark.ru
Extension options
yes
LOCATION
Restrictions
yes
Remoteness
Center of the constituent subject
1
OWN TRANSPORT FACILITIES
Communication type (motorway)
yes
Communication type (railway branch)
yes
Communication type (port, landing stage)
yes
Communication type (post/telecommunications
yes
PROJECT INVESTMENT COSTS
Concept development design
yes
Comment
Urban planning concept has been approved;
Preparation of design and estimate documentation (
yes
Preparation of design and estimate documentation (
no
Comment
Under development
Expert examination of design and estimate document
no
Comment
Under development
ECONOMIC INDICATORS
Shareholders' own resources (%)
25
Òðåáóåìûé îáúåì èíâåñòèöèéBorrowed resources (%)
75
Payback time, years
4-6

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