The Piraeus Port Authority on Wednesday announced it will hold an open tender on Dec. 15th to lease out the Piraeus Exhibition Centre building for its transformation into a modern five star hotel.
In the announcement the Port Authority said the ambitious project aims to fill a void in terms of high end hotel rooms for the major port city which currently lacks a large five-star hotel.
The current building includes 30,000 sq.m. of space. The current tender envisions that it will keep its Pagoda style architectural form. The port authority said it will build a new passenger terminal for cruise ships on the ground floor.
The underwriter of the project will have to set up a societe anonyme company and to deposit a letter of guarantee worth 800,000 euros, regardless of the bid price.
(source: ana-mpa)
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