Moscow city authorities will open the reconstructed Moskva Hotel in 2012, Vedomosti reported late last week, citing the press service of the city's Central Administrative District.
The commercial and office space in the building will be ready for use before the end of this year.
The Moskva Hotel was opened in 1935. In 2003, it was closed for reconstruction and completely dismantled. Originally, it was planned to reopen the hotel in late 2007. The total area of the hotel is expected to increase from 98,000 to 185,500 square meters. According to the press service, a total of 18 hotels are planned to open in Moscow in 2012.