OREANDA-NEWS. On 08 April 2008 was announced, that Borodino group of companies is to invest about \\$150 million in the construction of a hotel and business centre with the total area of 44,000 square metres on Bolshaya Pionerskaya Street in Moscow.

“Currently the company has completed a zero circle of the construction of class A hotel and business centre on Bolshaya Pionerskaya Street included the erection of a foundation and a three-level underground car park for 273 parking spaces. The building division of the group has launched the work on the building above ground level since April 2008. The civil and erection works over the whole complex are planned to be completed by the fourth quarter of 2009,” a press release of Borodino said.

The hotel and business centre included a business centre, a 150-room hotel, a city clinic and an underground car park will be put up on the 0.5-hectare site.

The new centre on Bolshaya Pionerskaya Street is to become the second project of the similar type realized by Borodino group of companies in Moscow. The first one located on Rusakovskaya Street was commissioned by the group in the middle of 2007.