ArmInfo. As expected, before the beginning of spring 2020, work will be completed on the development of design estimates for the new Yerevan metro station. This was announced on October 29 by the Deputy Mayor of Yerevan Hayk Sargsyan in the parliament.
According to him, the investor is currently discussing a project to build a station and a bridge across the Hrazdan River. An agreement has been reached that the investor will finance all work on the development of design estimates for this program. After that, based on the price of the issue, construction will begin. Based on the business model that the investor offers, a business center and a shopping center will operate next to the future station. Recently, as the deputy mayor noted, a group of metro builders at the investor's invitation visited Yerevan, who conducted research both in the Hrazdan Gorge and on the site of the future tunnel. It is planned, in particular, that the new metro station will be located on the bridge, above the Hrazdan Gorge, which will ensure the continuation of future construction work in the tunnel and the construction of another station. The Deputy Mayor found it difficult to name the volume of investments, saying only that on average 1 km of the metro line requires 1 million investments. However, in the case of the new station, the amount may turn out to be much smaller, since a significant amount of work has already been completed in previous years.
To note, earlier the city authorities have repeatedly said that the construction of a new station should be an investment project, and not a credit program. Within the framework of this program, the investor will build the station, having received in return an opportunity for business activities in adjacent territories. There are sketches of a multifunctional complex on the territory of Achapnyak district. Next to the new station, it is planned to erect shopping and entertainment complexes and build residential buildings. Yerevan metro named after Karen Demirchyan was founded in 1981. In total, there are ten metro stations in Yerevan with a total length of 13.4 kilometers.