“NORTH AVENUE” GAINS REAL SHAPES

Yerevan, May 22. ArmInfo. The “North Avenue” Project starts to gain
real shapes. As the Vice Mayor of Yerevan Karen Davtyan said, this
is the first big city planning Program in Armenia in the post-Soviet
period. The Program is complex and, taking into account its scale, it
is unprecedented for the capital. The total territory of construction
is 70-80 thsd. sq. m. The construction is carried out since 2003. The
idea of the “North Avenue” belongs to the author’s group headed by the
former Chief Architect of Yerevan Narek Sarkissyan. Separate buildings
were included in the initial Project later. In addition to tenement
houses and commercial objects, underground complex constructions, which
had never been before in the capital, are also built. For example,
an underground two-high car park, which will allow to considerably
mitigate the functioning capacity of the Yerevan streets by cars. A
foot-street is also built, as it is customary in many cities of
the world.

It is scheduled to complete the “North Avenue”, which is conventionally
divided in three sections, at the end of 2007. Eleven builders are
involved in the Project implementation. Particularly, the “Local
Developers”, “Aykapal”, “Has Profit”. Among the foreign builders,
a good work of the “Moscow House”, “AVO FM”, “Nazaret Berberyan”
Ltd. and “Garni Group” companies was especially noted.