Grand Hotel Bulgaria received a certificate for investor-first class on the undertaking-Grand Bulgaria of ceremony on 26 October 2007 of the Bulgarian agency for investments. The document reflects the worth of the investing that will overshoot 82 million levs as well as fulfill all conditions for this type of complexs- position and access; Parts and Characteristics of the buildings.
The project includes reconstruction of Grand Hotel Bulgaria, restoration of the tectonic style of the building, bettering of her function through new constructive decisions and her conversion of complex Grand Bulgaria. In three years Grand Hotel Bulgaria LTD will invest over 80 million levs for renovation and extending of the Grand Hotel Bulgaria and his conversion in multi-functional trade center Bulgaria.
The investor of the complex is Grand Hotel Bulgaria Ltd – it is a part of the BTV – one of the biggest companies for assets management in Bulgaria that it is specialized in the exploitation and the management of hotels and resorts, real estates and infrastructure.
At the time the Grand Hotel Bulgaria part is close because of its renovation.
The new investment undertaking of BTV Development Services-Grand Bulgaria, will maintain the spirit of last by matching the amatory style “Shanz Elize”.
The project anticipates entire variety of the profile of the Grand Hotel Bulgaria, which will be turned into in mixed type complex Grand Hotel Bulgaria.
After the full reconstruction and expansion, the new Grand Hotel Bulgaria that leading between “Tzar Osvoboditel” blvrd, “Aksakov” Str. and “Dyakon Ignatii” Str., It will include a new trade area of the underground parking, high – toned offices ground level-rooms and some luxury apartments with view towards the Russian Church, “Aleksandar Newski” monument, Sofia’s university etc.
The project includes engagement in the reinstatement of the concert hall “Bulgaria” – the only national concert hall from a earth class, which to the old building of the Grand Hotel Bulgaria attached is.