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Saint-Petersburg > Business and Economics > Investments > Enterprises Investments > Mikhailovsky Hotel

Project № 1
Mikhailovsky Hotel
1. Developer of project:
The Russian State Museum
Russia, 191011, Saint –Petersburg
Inzhenernaya ul, 4
Tel:  219-16-15, 314-41-53
2. Legal status of object 
The project suggests that a new entity “The Mikhailovsky Hotel” should be established by the State Russian Museum & Investor. City Administration  should provide the company with the right for a long –term lease & the property rights for buildings & constructions of the site.
3. Functional purpose of the project:
Hotel
4. Physical characteristics:
Site                                  1,70 sq.m
Building                4750 sq.m
Rooms                              2830 sq.m
Business center                260
Cafes & restaurant           260
5.Remoteness from the center of the city
In the historical center of St. Petersburg between
Newsky prospect & Konnushennaya  Square
6.Project efficiency indicator:
Total project costs                                               8 418000USD
 investments volume                                            5969 USD
IRR                                                                    20%
NVP (USD,000)                                                 547
7 Structure of financial sources:
Own means                                                        2558 000 USD
Investments                                                        5969  000 USD
8.Project realization period:
2005.
9.Business documents:
Yes.
St. Petersburg Administration 191060, St. Petersburg, Smolny

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