Chaika Plaza

Concept: Hotel, retail & office complex
Location: Sochi, Russia
Complex area: 54 260 sqm
Infrastructure: Hotel, apartments, offices, retail space, SPA, parking
Development: 2002
Exit: Consulting services & project of reconstruction for Chaika hotel
• Investment in the Project - 1,5 million USD
• Sold to Investor - 7,5 million USD

 

In May 2002 UMACO signed the contract with the Sochi Administration for providing consulting services to the central hotel of the city – Chaika.
Simultaneously with the consulting which was underway, by order of the Sochi City Administration, work was begun over projects on reconstruction of this hotel. The production name of the project on the Chaika hotel is Chaika Plaza. This work is carried out as a part of the Town-planning Investment Concept for location, design, construction and operation of the hotel infrastructure in the Greater Sochi, developed by UMACO. 


 

Chaika Plaza