As Poslovni Dnevnik writes, work has finally begun on the construction of the Hyatt Regency hotel in the old Zadar Maraska building, as reported by the local Zadarski portal. All appears to be going to plan if we’re to look at the fact that it was announced by the regional director of Dogus Croatia, Burak Baykan last October that the works would start this year.
According to earlier plans, the Hyatt Regency hotel would be a 130-room hotel worth 120 million euros. The project would transform the former Zadar Maraska administrative building into a five-star tourist building.
Last year, Dogus Croatia Regional Director Burak Baykan announced that the design work had been completed and that the hotel in the old Zadar Maraska building would be built under the Hyatt Group brand, which was highly motivated to continue the project.
The works were even planned last autumn, but for several reasons related to the development of the project, the physical works had been moved to this year. The value of the total investment is about 120 million euros, while the price of the hotel itself is 50 million euros. The Hyatt Regency hotel is being designed with 130 rooms, while the residential part around the hotel should have 160 accommodation units.
The first works include cleaning the structure, from the roof to the foundation. The former Zadar Maraska building will remain recognisable only by its now famous facade, which will be restored to its old appearance, while everything else will be built as new.
The deadline for the completion of all of the works involved in this large project is the year 2024.
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