New boutique-style hotel Cyparis will be unveiled at the King Tamar Bridge in June 2016. The construction works have been finished and facing works are underway.
The project is owned by Architecture Laboratory N3 development company. The project was ordered by GD Hotel Group company. Cyparis Hotel is a designed hotel and it will not have standardized star classification.
The hotel construction works started about a year ago. The building includes 40 suites for 80 persons.
The hotel is named after cypress trees that grow around the building. The company has maintained the cypress trees on the territory and the hotel is being constructed around these threes.
The company has not unveiled the investment amount.