biggest development in the city centre - 60 ha project implementation: 2001 - 2012 vilnius...
TRANSCRIPT
Biggest development in the city centre - 60 ha
Project implementation: 2001 - 2012
Vilnius Entertainment Park – PPP like project
PPP-like project
Municipality Investor• Granted the permission for the investor to develop the project in the city’s land
• Provides exemption from land (land rent) tax
• Invested 4,6 MEUR in the engineering infrastructure
• Invested LTL 19 MEUR in the construction of the arena
• Will be the owner of the newly built infrastructure
• Will provide 10 % of CJV “Ozo arena” shares to the city
Public benefit : new services; new jobs
1998 Idea to develop the territory of 60 ha
2000 Municipality’s open tender
2001 Partnership agreement signed between the developer OGMIOS ASTRA and Municipality
2002 Conception model is ready: family park, sports arena and commercial zone
Vilnius Entertainment Park – short history
• Market research •Territory development conception• Business plans•Detail plans
Vilnius Entertainment Park
I stage ( 2001-2002)
High tension line cabling: 3,2 MEUR
Sewerage dispossession: 116 thousand EUR
Garages dispossession: 60 thousand EUR
Teritorry cleaning : 60 thousand EUR
Solved problems in the territory
Siemens Arena
Vilnius Entertainment Park
II stage (2003-2005)
Siemens Arena
• Open in 2004• Area 20.000 m ²• Number of seats 12.000• Total investment – 19 MEUR
AQUA PARK
Wichy water park Open in 2007
•Area 12.000 m. ²•Total investment 17,4 MEUR
Vilnius Entertainment ParkIII stage ( 2005-2007)
Ozas
Vilnius Entertainment ParkIV stage (2007-2009)
Commercial and entertainment center Ozas
• Opened: 2009 m.• Area: 172.000 kv.m.• Total investment: 162,3 mln. EUR
Vilnius Entertainment Park, Final stage ( 2009-2012)
Commercial and office centre;
Residential quarter;