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Belgrade, Serbia

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#1 bsdpowa



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Posted 01 July 2006 - 12:24 PM

Belgrade (Serbian: Београд / Beograd) is the capital and largest city of Serbia. It is one of the oldest cities in Europe, first settled in the 3rd century BC by the Celts before becoming the Roman settlement of Singidunum. The name Beograd (Belgrade) was first mentioned in 878 AD. It has been the capital of Serbia since 1404, and was the capital of Yugoslavia from 1918 until 2003, as well as Serbia and Montenegro from 2003 until 2006.

The city lies at the confluence of the Sava and Danube Rivers in north central Serbia, where the Pannonian Plain meets the Balkan Peninsula. The official population of the Belgrade region is 1,676,124. Unofficially - taking into account the large number of Serb refugees and displaced persons from Croatia, Bosnia-Herzegovina and the province of Kosovo-Metohia - the population probably surpasses 2 million. It is the largest city on the territory of the former Yugoslavia, and by population ranks fourth in the Balkans behind Istanbul, Athens and Bucharest.

Belgrade has the status of a separate territorial unit in Serbia, with its own autonomous city government. Its territory is divided into 17 municipalities, each of which has its own local council. Belgrade spreads over 3.6% of the territory of Serbia, and 21% of the Serbian population (excluding that of the Kosovo-Metohia province) lives in the city. It is the central economic hub of Serbia: about a third of all employed workers in Serbia work in Belgrade. Belgrade is also the capital of Serbian culture, education and science.

Basic information:
Area: 359.96 km˛ (City), 3222.68 km˛ (Metropolitan area)
Population: 1,676,124 (City), aprox. 3mil (Metropolitan area, 2006)
Density: 4,378/km˛
Time Zone: UTC+1
Municipalities: 17

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I'm going to present only few projects I've heard of and some information is taken from other forums.

Delta's Tower in Block 20
Thanks to our insider, for the first time you are able to see a rendering of the tower that Delta is planning to build in Blok 20. Delta bought this part of Blok 20 from Genex last year. The proposal is comprised of three parts including a shopping centre on the first 2 floors, a 19 floor hotel building, and a 37-38 floor office tower.
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Telefonija AD moves to new building
All agencies and business units of the Belgrade-based company Telefonija, which are currently settled in five different locations in the city, will be moved to the a single location by September 1, 2006. They will move to their new office building in Kumodraška Street in Voždovac neighbourhood of Belgrade.

The new facility, according to the words of general manager of Telefonija, Branimir Bošković, will have a surface area of about 6,000 square metres and it will offer modern furnished office space with complete IT infrastructure. Its construction started in 2005 and the decision to enter into such investment project was made for practical reasons or, as Bošković says, due to the necessity that all sectors of the company be settled in the same building for the sake of more efficient work.

Part of the investment for the construction of this business building was provided through a ten year credit taken by the company, whereas the other part was provided through the issuing of new stocks. Bošković points out that Telefonija will issue another series of new stocks in one month and the expected income is about 1.5m EUR, which will be enough for the completion of the works on the new business building.
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Works on Prokop started again
Construction works on the Prokop railway station will again begin. The general director of the Cypriot company Trigrant Development Corporation, Tod Kraun, and the director of Serbian Railways, Milanko Šarančić, have today signed an agreement which designates the necessary conditions required for the continuation of works on the construction of the Prokop railway station.

The project proposes the completion of the railway stations, which will be invested in by the Cypriot company, and in return the company will gain the rights to building up to 180000 square metres of space above the railway station. The total investment is worth approximately 150 to 200 million Euros, along with the creating of a large number of jobs for workers in Serbia. Construction is expected to be completed by the end of 2008.
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Besix Tower in Belgrade
The Serbian national broadcaster, RTS, has shown a clip about the plans of Besix to build a 333 metre tall tower in Blok 26. This is the neighborhood in the vicinity of both the Belgrade Arena and Palace of the Federation. The investment in the tower would cost approximately250 million Euros. For first time, you will be able to get a look at the tower. To see the pictures, please click on "Read more". More details will be available soon soon.
Download video here: http://www.beobuild....ATowerBesix.avi
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University Village
The preparatory works for the construction of the University Village in New Belgrade's Blok 67 will begin in September of this year and this "village" will be used during the Universiade in 2009. The director of Blok 67 Associates, the company that is investing in this project, announced that the start of full-scale construction is planned for next year.

The total investment in this complex will be 200 million Euros and the investor is a joint company owned by the Austrian firm, CEE Investment, and Delta M from Serbia. The total space of the objects in the village will be 200000 square metres and the complex will offer 2100 apartments for 4200 athletes. The complex will also include 22000 square metres of office space. In the same block, a shopping mall with commercial space totalling 87000 square metres will also be built offering stores and entertainment. Currently, investors are deciding on the architectural firm responsible for the project's development.

Apartments in the village will be offered for sale in 2008, and the new owners will be allowed to move in immediately after the completion of the competition.

One of the members of the board for the Hypo-Alpe-Adria Bank in Serbia, which will be responsible for financing the project, has announced that the apartments will be offered at aprice that will be affordable to the middle class.
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New Sava bridge
The city council has today agreed upon the proposal to take out a credit from the European Bank for Reconstruction and Development in the amount of 69.9 million Euros for the construction of the bridge over the Sava river at Ada Ciganlija. The total amount to be invested in the construction of this bridge and its accompanying roads and ramps will cost 161 million Euros with 87.9 million Euros being provided by the city budget along with a 3 million Euro donation from the European Agency for Reconstruction. The construction of only the bridge will cost between 80 and 90 million Euros.

The city manager provided some more information on the credit provided and stated that the city's representatives have been having negotiations for more than a year with the EBRD to get the best conditions possible. He emphasized that the bridge over Ada Ciganlija is essential for the further development of traffic in Belgrade and the city has been working tirelessly on this project for over 3 years. The city did not have all the funds necessary for the projects, so taking out a loan was required.

Of the 69.6 million Euros to be loaned to the city of Belgrade, 49.6 million Euros will be provided by the EBRD while 20 million Euros will be offered by a commercial bank that the EBRD chooses. This is important for the city as it will show commercial banks that they are capable to take out loans. In addition, the EBRD did not ask for any guarantees from the Federal government as it assessed that the city was able to pay back its own debt.

The total interest rate on the credit will be slighlty less than 5 percent, which is extremely good for the conditions on this market. If the financial situation of the city budget improves and Belgrade receives a better credit rating, the interest rate can be lowered in steps. As a result, the city will soon announce a tender to choose an agency that will determine the exact credit rating of the city.

The city says that it is their wish to spend all the money by the end of 2009 and the debt will start to be paid off on July 21, 2010, which means that the city has received a grace period of 4 years. Taking this credit will not damage te city budget and analysis has shown that in 2011, which will be the hardest for paying of credit, 26 million Euros will need to be returned, which is approximately 5 percent of the current budget. However it is expected that by that time, the city budget will be increased by at least 10 percent.

He expressed the expectation that construction of the accompanying roads and bridge will start by the end of next year. The city has tried very hard to ensure that domestic construction companies will be offered the same chances as international ones during the tender to choose the company for its construction, but the standard quality of its construction will be very high.

The mayor also mentioned that a loan with such benefitial conditions has not been given to any other cities in the reason and has said that it is his personal goal to ensure that the construction of this bridge be completed by 2009.

The credit from the EBRD was taken to finance the construction of the bridge, while everything else will be built with the city's own finances, allowing a domestic tender will be announced to allow domestic companies to participate in its construction. He also reminded everyone that the investment in the accompanying components is almost equal to the amount for the bridge itself.
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Reconstruction of International Departures in Terminal 2
The international depatures part of Terminal 2 at Belgrade's Nikola Tesla International Airport was reopened today after several years of works contributing to its modernization, thereby allowing the airport to once again operate at full capacity.

The terminal with a size of 24000 square metres was reconstructed with an investment of 17 million Euros and the projected capacity of the airport is now 5 million passengers a year.
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Hotel Metropol
The agreement concerning the sale of Hotel Metropol was signed today between Dunav Osiguranje and the Greek hotel chain, Grecotel. The Belgrade hotel was sold during an auction for 27.4 million Euros.

The owner of the Greek hotel chain that purchased Hotel Metropol has promised that they will completely renovate the hotel and open a school for hotel services. During the news conference, he said that Metropol will become one of the most luxurious hotels in Belgrade with a five-star rating. This Greek company is hoping to open several new hotels in Budapest, Bucharest, Istanbul, Prague, and Kiev over the next few years.

He added that Grecotel owns 41 luxurious hotels in Greece, one in Sofia, and is planning to invest in two other projects in Serbia. No information was given about which projects he was referring to.

The owner said that his company has an annual turnover of 350 million dollars, employs 5000 permanent workers and 2000 seasonal workers, and has invested over half a billion dollars in hotels in the region over the past five years.

The general director of Dunav Osiguranje has announced that he expects the new owner to invests another 20 million Euros in the renovation of the hotel.

He also said that the sales price of Metropol was 11.4 million Euros above the starting price of the auction. Along with the earlier sale of Hotel Jugoslavija, the company has helped to bring about stablization in the real estate market in Serbia and has increased the sale of real estate in the country's real estate market.

According to the director, approximately 500 workers in Metropol and Jugoslavija will get an average of 11000 Euros in compensation depending on the number of years they have worked for the hotels.
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Savograd aka Sava City
The vice city mayor, Radmila Hrustanović, the city architect, Đorđe Bobić, and the city's secretary for urbanism and construction, Nenad Komatina, were present for the ceremonial start of the construction of an office and residential complex in Blok 20 in New Belgrade. The investment is worth 50 million Euros and the project is called Savograd.

This is one other large investment for Belgrade, and should be a signal for other investors to follow. This project fully justifies Belgrade's recently awarded title as the city of the future in Southeastern Europe. City such as Belgrade are responsible for building new buildings and infrastructure as well as investing in education for those that will form the future befitting a world metropolis.

The city architect commented by saying that Savograd is one of many attractive objects that have been built in New Belgrade over the past few years.

We are expecting that with the construction of this exclusive office-residential object, we will get a new impulse for construction on other construction sites. He believes that within a few years we will have a new place, coloured with a new spirit, that will form a new centre for the city.

The Savograd complex is located in Blok 20 between the Genex apartments, Hotel Hyatt, and Hotel Intercontinental and is right next door to the Sava Centre. It will have a construction area of 50000 square metres with 20000 square metres of office space, 15000 square metres for apartments, and 15000 square metres of underground floors. The company responsible for its construction is Neimar-V, and completion is expected in December 2007.
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Delta City mall Blok 67
Location:New Belgrade, Blok 67
Land surface:2.9 hA
Functional areas:retail, parking
Area:87,000 m˛

Delta City Blok 67 is the first true international-style shopping mall introducing a new concept to the Serbian market.
As a true "virtual city" Delta City Shopping Mall represents a successful mix of diverse retail and entertainment, where the entire family can spend their day.
Delta City shopping mall is comprised of a supermarket, numerous fashion, sports and home décor shops, banks, post office and other services. in addition to the famous brands, the visitors can enjoy a multiplex cinema, a bowling court, children's playgrounds, a gym and socialize in various restaurants and attractive caffés. Delta City is designed so that each area is easily accessible from the multilevel garage. Fast vertical communication is enabled by a large number of escalators. It's cutting edge design and pleasant atmosphere contribute to future visitors' full enjoyment.
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Delta City Autokomanda
Location: Belgrade, Autokomanda
Land surface: 6.5 hA
Functional areas: retail, offices, parking
Area: 340,000 m˛
Investments: 300,000,000€
Opening: 2008

Autokomanda is Belgrade's premier third-generation commercial development comprised of a Delta City Shopping mall and two office towers.
According to the latest plans there will be two twin office towers with height of 192 meters.

This attractive location is adjacent to the city centre while bordering Belgrade's high-end residential districts. Furthermore, its outstanding position along E-75 highway will facilitate access for visitors not only from Belgrade, but also many other cities in the region.
Delta City's third millennium innovative design and unique location will attract global players and finally enable prestigious brands to become part of Serbian reality. Its premium content will encompass first-class entertainment and enjoyable, stress-free shopping, thus providing a new life-style experience.
Each of the towers will be more then 192 meters tall with A class office space and excelent amenities. The buildings will sit atop three levels of underground parkings.
By blending various dynamic worlds into one, Autokomanda will change the face of Belgrade and will become the benchmark for quality.
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Delta City Ada
Location: Belgrade, Ada
Land surface: 7.0 hA
Functional areas: retail, parking, hypermarket, DIY
Area: 50,000 m˛
Investments: 50,000,000€
Opening: 2007
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New towers for New Belgrade?
We have seen many new projects since the regeneration of Belgrade's construction life began in 2000. Almost all were lowrises with impressive dimensions, a perfect example being Airport City Belgrade, which is the biggest business complex currently under construction in Serbia, with 90,000 sqm of floor space. The problem with this approach is that big lowrises take up a huge amount of land. There is another solution - to build highrises.

Until now no company proposed or announced any highrises except MPC Group, which reconstructed USCE 1. MPC group proposed that the construction of USCE Tower 2 start this year, along with the construction a shopping mall. In total, USCE Centre will have around 180,000 sqm of business, recreational and commercial space. This was all that we knew of highrise construction in Belgrade, until now.
In October 2005 there was an exhibition in Munich, Germany - Expo Real 2005 (Beoland-Expo Real 2005 Report), a real-estate fair. Like many other cities, Belgrade tried to attract foreign investors and some projects were presented. One of them was a tower, proposed by Verano Invest Group. Unfortunately, we did not get any detailed information about it. A few weeks ago we discovered Verano Invest Group’s website, at www.veranogroup.com. At last, we had found the project we’d so long searched for. Unfortunately however, there is no detailed information about this tower. It appears that it would have 46 floors, so, if it were built, this would be the tallest building in New Belgrade. At present, this honour goes to the 30-storey USCE Tower, which has a height of 134m and 30,000 sqm of office space. Verano Tower would be built at a very exclusive location - near the Belgrade Arena and the new traffic junction at highway E-75. If Beobuild gets any new information about this object we will immediately report it on the main page.

Usce Center
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Verano Tower
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MPC Group, which constructed the USCE tower, has announced the construction of three residential towers in Blok 11 on its website. The location is near the site of the destroyed Chinese Embassy, the YU Business Centre and the new block of business offices, where the Atrium, Lukoil and EBC buildings are situated. The construction will start this year, but there isn’t any more information about the height of these objects, although it appears that they would have at least 15 floors. If built - these will be first new residential towers in decades!

Blok 11 Residental towers
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Immocenter in blok 64 is now opened, in this mid sized shopping centre with c.a. 10 000 square meters. It contains several shops including a supermarket iDEA. The investr of this object "MPC Holding", which was involved in construction of Usce Tower 1, anounced the construction of a 180 000 square meters big shopping centre around Usce Tower 1 including second tower.
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Currently Belgrade is one big construction field, there is over a million squared meters of residental, commercial and other projects U/C.Yo can find more information about construction projects HERE .

Edited by bsdpowa, 01 July 2006 - 12:24 PM.


#2 elTigre



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Posted 30 March 2007 - 03:49 PM


Construction projects and urban news from Belgrade

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Construction projects and urban news from Belgrade

Edited by elTigre, 30 March 2007 - 04:18 PM.

#3 dgreco



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Posted 30 March 2007 - 06:20 PM

some cool pictures and great projects.