OREANDA-NEWS. On 14 July 2008 was announced, that he mixed-use business complex called Central House of Entrepreneur is to be created on the base of the former one on Pokrovka Street in Moscow by late 2011. The relevant decree was signed by Moscow City Mayor Yuri Luzhkov.

The old building of Central House of Entrepreneur isn’t planned to be demolished, it will be overhauled and reconstructed.

“The mixed-use business complex Central House of Entrepreneur with the area of 10,250 sq m is to be designed and built on a 0.29-ha site located in a part of the block limited by the existent building of Central House of Entrepreneur on 47/24 Pokrovka Street,” a source from the city administration of Moscow said.

The source added that when Central House of Entrepreneur was commissioned, it would have a car park with 95 parking spaces.