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Vilnius Entertainment Park – PPP like project. B iggest development in the city centre - 60 ha Project implementation: 2001 - 2012. PPP-like project. Public benefit : new services ; new jobs. 1998 Idea to develop the territory of 60 ha
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Vilnius Entertainment Park – PPP like project Biggest development in the city centre - 60 ha Project implementation: 2001 - 2012
PPP-like project Public benefit: new services; new jobs
1998 Idea to develop the territory of 60 ha 2000 Municipality’s open tender 2001 Partnership agreement signed between the developer OGMIOS ASTRA and Municipality 2002 Conception model is ready: family park, sports arena and commercial zone Vilnius Entertainment Park – short history
Vilnius Entertainment Park I stage ( 2001-2002) • Market research • Territory development conception • Business plans • Detail plans
High tension line cabling: 3,2 MEUR Solved problems in the territory Sewerage dispossession: 116 thousand EUR Garages dispossession: 60 thousand EUR Teritorry cleaning : 60 thousand EUR
Vilnius Entertainment Park II stage (2003-2005) • Siemens Arena • Open in 2004 • Area 20.000 m ² • Number of seats 12.000 • Total investment – 19 MEUR Siemens Arena
Vilnius Entertainment Park III stage ( 2005-2007) • Wichy water park • Open in 2007 • Area 12.000 m. ² • Total investment 17,4 MEUR AQUA PARK
Vilnius Entertainment Park IV stage (2007-2009) • Commercial and entertainment center Ozas • Opened: 2009 m. • Area: 172.000 kv.m. • Total investment: 162,3 mln. EUR Ozas
Vilnius Entertainment Park, Final stage ( 2009-2012) Commercial and office centre; Residential quarter;
Vilnius Entertainment Park, Final stage ( 2009-2012) Park zone - 2012 FINAL RESULT Cultural, sports and leisure center for the public Perfectly developed city territory of 60 ha