Elite Plaza Business Center

Elite Plaza Business Center

Elite Plaza Business Center from the Golden Market rooftop
General information
Status Complete
Type Commercial Offices
Retail
Location 15 Movses Khorenatsi Street, Yerevan, Armenia
Coordinates 40°10′30.5″N 44°30′36.4″E / 40.175139°N 44.510111°E / 40.175139; 44.510111Coordinates: 40°10′30.5″N 44°30′36.4″E / 40.175139°N 44.510111°E / 40.175139; 44.510111
Construction started March 2007
Completed January 2013 (opened February 2013)
Owner Elite Group
Height
Roof 85m
Technical details
Floor count 18
Floor area 24000 sq.m.
Lifts/elevators 7
Design and construction
Architect Hovhannes Mutafyan
Developer Elite Group

Elite Plaza Business Center,[1] also referred to as the Khorenatsi 15,[2] is a business center in the financial center of Armenia’s capital Yerevan opened in February 2013.[3] With its 18 floors and 24,000 sq.m. of office space Elite Plaza is the largest business center in the Caucasian region [4]

History

The building was constructed by Elite Group, completed in January 2013 and opened on 16 February 2013.[5] International Finance Corporation (IFC), a member of the World Bank Group, joined forces with the European Bank for Reconstruction and Development (EBRD) to facilitate development of business infrastructure and create employment in Armenia by supporting construction of Elite Plaza, the first high-class multipurpose office building in Yerevan.[6] IFC and EBRD provided loans of $5.4 million and $3.6 million, respectively, to Elite Group, a leading property development company with operations in Armenia and Georgia, to build an 18-store building that will accommodate office, retail, conference, and exhibition areas to meet the growing demand for high-quality office space in Armenia.[7]


Architecture

Elite Plaza Business Center's opening ceremony













Official launch ceremony

Elite Plaza Business Center's opening ceremony
Elite Plaza Business Centers' opening ceremony 2

Meeting facilities

Elite Plaza Business Center- VIP Suite
Elite Plaza Business Center - Grand Ballroom
Elite Plaza Business Center - Green Exhibition Room












Assessment

In 2016 journalist Liana Aghajanian described Elite Plaza in the following terms: "Its gaudy green finish and overbearing, odd shape, however, make it symbolic of rapid architectural changes the city is going through, losing its historical buildings to a flashy attempt at a contemporary “elite” style."[8]


Tenants

See also

References

External links


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