Capital Group presented its new project The Book on Novy Arbat
The new Capital Group project at Novy Arbat 15 will house a hotel Penta® Hotels Worldwide, service apartments of temporary residence managed by Intermark Hospitality and The Book Apartments intended for purchase. During the press conference, it was announced by the company's general director Valentina Stanovova, in which she also presented the name of the new project — The Book.
"The number of rooms in the Pentahotel Moscow, Arbat, will reach 228, the number of Intermark Residence Arbat service apartments — 104. The project also offers apartments that will be available for purchase. The volume of investment into the project is estimated at 6.4 billion rubles," said Valentina Stanovova.
During the presentation, the concept of the site's new brand — The Book — was presented. It reflects both the international status of the project and the desire to preserve history and give the famous "book-house" a new reading.
The area of The Book is 28.9 thousand sq. m. The technical completion of the building is planned for June 2018.