Mercan Group: Groundbreaking Ceremony of Marriott Renaissance Hotel Project

• 25 May, 21

Mercan Group calling investment hotel project in the historic district of Lapa since January, with total 56 million euros investment amount deserved a symbolic action to launch the “first stone”. The project will provide 17,700 square meters to the city for the construction of an urban park and public infrastructure.

For the vice-president of the Chamber of Porto, “it is important to highlight the importance of this investment , a real estate investment, which stimulates the economy and made in our city. 

“The dynamics of the private sector is fundamental for us to proceed with an economic recovery that is positive for the city and for the people of Porto, leveraging the economy”, said Filipe Araúj – CEO of AHM, on Wednesday, 19 of May

In the same sense, the vice president of the Mercan Group, Jordi Vilanova, affirms that the group’s projects combine “foreign investment, with job creation, the tourism encouragement, local and national development“, with plans to create 140 direct jobs.

The Renaissance Park Hotel will provide 163 rooms, a panoramic outdoor pool on the top floor with a bar and terrace, a restaurant with 250 seats and a congress center with capacity for up to 600 users. The work plans to be completed by summer of next year.

The acquisition, by 160 international investors, of almost 23 thousand square meters of land next to the Church of Lapa. This project included the granting of 17,700 square meters to the municipality, where is public park, part of a municipal project that includes new urban fronts, especially residential areas, the reformulation of access to the Lapa metro station and the bridging of the existing road network with the creation of new streets.

The deputy mayor of Porto also states “ Its also invaluable contribution to the city’s resilience and to its adaptation to climate changes, increasing green area, increasing blue spaces, provides several ecosystem services of high importance and also contributes to the increase of biodiversity in the urban space ”.

LEED Gold certificate, with excellent energy and environmental performance is also an added value, going against “what we have been working on in municipal buildings and which we take into account in new buildings and we are recovering from ”, recalled Filipe Araújo.

Cre: porto.pt