Scope of work:
• Verification of the concept's alignment with the current urban environment and market needs.
• Comprehensive market analysis to determine the feasibility of constructing a large number of office, hotel, and residential spaces.
• Study of the best global practices for mixed-use projects in similar central locations in large, non-touristic cities.
• Analysis of the land plot to determine the concept for the future project.
Results achieved by Monarch Eurasia:
• Provision of multiple concepts for the optimal utilization of the land plot in line with contemporary trends.
• Analysis of the market for residential, hotel business, coworking spaces, and retail.
• Recommendations and SWOT analysis regarding the current utilization (concept) of the land plot.
• Testing each concept for successful outcomes.
• Development of a financial model.