After a decent period of intensive preparation, with the support of Danang people’s Committee and other relevant departments, on 25 July 2009, Vien Dong Land JSC solemnly held the groundbreaking ceremony of Vien Dong Meridian Towers Building at 84 Hung Vuong – Hai Chau District – Danang City.
The investor of this project is Vien Dong Land, with the capital contributions of Vien Dong Investment Consultancy & Technology Transfer JSC (Vien Dong Corp.), Trung Nam Construction Investment JSC (Trung Nam Group) and Saigon Telecommunication & Technologies Corp (Saigon Tel).
Vien Dong Building will have 48 floors and 3 basement floors with the height of 220m, expcted to become the highest building in the Central once accomplished and put into operations. Its multi-purpose facilities include a deluxe commercial center, an international convention center, luxury hotels, top-notch apartments and Grade A offices. The total investment of this project reaches up to $180 million.
The major sponsors highly regarded the distinguished characteristics of this site. Danang is a potential city in investment and development. However, available locations at the commercial district are quite rare. Therefore, the excellent location of this building is a noticeable advantage against other real estate investment projects being implemented in Danang.
Presently, Danang is attracting scores of investment projects, mostly tourism and resort service projects. The billions-dollar projects among which have become the bull’s eye of the local investment landscape and they are expected to serve as the economic springboard for the Central region.
To pioneer this new wave of development, Vien Dong Meridian project is making a step in advance to conquer the greatest location at the center of Danang so as to provide the most luxurious and modern infrastructure for the investors who are well-prepared to invest into this city. The multi-purpose facilities timely meet the demands of big enterprises, businessmen, high-rank managers as well as potential tourists.
Besides, the basement of this building will be connected with “Vien Dong public park & parking basement” Project – across Hung Vuong Street, whose investor is also Vien Dong Land. The project comprises 3 basement floors, one commercial floor and two parking floors at the bottom.
Currently, the final preparation works of management and operation have been made. In the case of hotel operation, the investor has signed the exclusive hotel management contract with ACCOR, the international leading hotel manager, to build a deluxe hotel at international standards. The building will have approximately 122,000m2 residential area, including interiors and 24/7 management services.
Especially, this is the very first intelligent apartment zone in Danang, where energy saving is of top priority, so as to reduce users’ expenditure and protect the environment. The sewage treatment system applies the most advanced technologies with 100% wastage being fully treated before letting out. The international convention center can accommodate 1500 people with modern equipment.
The groundbreaking ceremony will take place at 09:00, 25 July2009. The prompt construction demonstrated the commitments of the big shareholders to implement the project timely, punctually and in compliance with the set purposes, so as to quickly put the project into operations.
SEVERAL DETAILS OF THE PROJECT
Investor: Vien Dong Land Joint Stock Company.
Major sponsoring banks: BIDV, VRB
International architecture competition consultant: University of Architecture - HCMC
Design Consultant: Mooyoung A&E – one of the most prestigious design consultants in Korea, winner of the International Architecture Design Competition for Vien Dong Meridian Building.
Business consultant: Savills – UK, the leading real estate consultancy company in the United Kingdom and across the world.
Hotel Management and Operation: ACCOR Corp. (USA) (presently in the contract negotiation phase)
- Site area: 11,170 m2
- Construction area: 7,242 m2
- Total floor area: 245,910 m2
- Parking basement area: 31,221 m2
- Commercial area: 56,550m2
- Hotel area: 41,478 m2
- Apartment Building area: 122,571 m2
- Office Building area: 25,310 m2
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DA NANG l VienDong Meridian Towers l 48 stories l 220 meters
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