Saturday, 3 July 2010
Swissotel deal boosts plans to build Kyiv’s tallest skyscraper
The bid by Ukrainian property developer KDD Group to construct the tallest building in Kyiv received a boost in late June when international hotel operator Swissotel signed an agreement to manage the five-star hotel planned for the yet-to-be-built center.
The deal should help KDD to secure financing – which has been in short supply for developers since the financial storm first hit Ukraine in 2008 – to complete the Sky Towers project by 2012.
The twin glass towers, rising to 165 meters and 210 meters, will be located on Prospekt Peremohy near the railway station and will dominate other Kyiv skyscrapers, including the giant Parus business center at 136 meters. The smaller tower will house the hotel, with class A offices occupying the taller one.