New CCB hotel with an expected investment of 60 to 70 million euros – Tourism and Recreation



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The international public procedure, which will be launched on Thursday, aims to outsource surface rights for the development of "construction, installation and operation of hotel units, retail shops and services and offices" projects. the associated valences for a period of 50 years. "

The expected minimum annual income is 900,000 euros, but the president of the CCB Foundation, Elísio Summavielle, admitted that he hoped the value of the contract to be signed would be higher. "This will be a significant source of revenue for the Foundation," he said, pointing out that the operation of the CWB requires 8.4 million euros per year.

The hotel to be built "must follow the architectural line of existing buildings". The available space covers a total area of ​​16,300 square meters, "allowing the development of two complementary hotel products", for example a hotel and a serviced apartment. The hotel will have to be four stars or more.

Summavielle said that it was a job whose investment was estimated at "60 to 70 million euros".

For the commercial and economic activities component, the available space is 7,170 square meters.

In total, of the 23,470 square meters of floor area, the total construction area will be 11,436 m2.

The presentation of the project took place Wednesday at a press conference held at the CWB.

Elisio Summavielle considered that the launch of the international competition "is a final point which is also a starting point for the CCB Foundation", recalling that modules 4 and 5, with the hotel and commercial zone and the offices, were part of the project. . "Open City" original by architects Vittorio Gregotti and Manuel Salgado.

The president of the CCB Foundation also revealed that "the property would return to the Foundation free of charge after 50 years of sub-session".

Elísio Summavielle said that when he announced in March his intention to launch the competition this year, he was contacted "almost immediately" by several national and international stakeholders.

The Mayor of Lisbon, Fernando Medina, stressed that it was a day of "great joy". "This allows, 25 years later, to close the initial project," he said, also declaring himself "satisfied with the nature of the project". "It is a project that arrives on time, we must take advantage of the conditions we are experiencing in Lisbon," stressed.

Finally, Medina stressed that "this project ensures the sustainability of the CCB Foundation, irreplaceable in the cultural panorama of Lisbon".

At the press conference, the mayor invited developers and builders to "seize the opportunity" for this project to be built and begin to function "as soon as possible".

The Minister of Culture, Graça Fonseca, stressed that "during these 25 years, this project remains topical". "Today, there may be more than 25 years, maybe even more," he said.

The official recalled that "culture is extremely important for the economic development of a country or city and that, at the same time, the development of the economy allows for greater cultural activity".

Graça Fonseca felt that it was "an emblematic project of what can be the crossing of such crucial areas for a city". "Tourism is very important for culture and attracts new audiences, but cultural equipment is also a key factor in attracting tourists," he concluded.

(News updated at 2:10 pm with more information)

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