The contract for affiliation to the international hotel group has just been finalized and the developer is to receive the building permit and then start construction works.
“The affiliation contract with Marriott has been finalized and the project is being worked on. We are close to receiving the buildiing permit in August or September and after that we shall start construction works,” said Andrei Ghinea, the owner of Arad-based Arsat Group with activities in industry and agriculture, and the developer of the hotel.
The future Marriott hotel in Arad is part of the Dragalina 25/27 mixed-used project which includes several buildings, namely, the first hotel Autograph Collection by Marriott outside of capital city Bucharest, two Class A office buildings, and a recreational area with restaurants along the shore of the River Mures. There will also be a center for events and exhibitions located in the building of the old Arad Casino.
Furthermore, the project also includes an underground parking garage, based on a public-private partnership, which will have 400 parking places and 300 electric vehicle charging stations. The project will create jobs for some 900 people.
In the second half of 2024, there will also be completed the first two office buildings covering a total 15,000 square meters, as well as a restaurant area along the shore of the River Mures. The compound will also include a historical monument, namely, the old Arad Casino built in 1872 and subject to an ample restoration process ended in 2022.