On the 11th of October Oma Ehitaja AS and Eften Capital AS signed a general contract to reconstruct the historical Palace Hotel located in Tallinn city center. The first phase of this functionalist-style building was completed in 1937, Pärnu mnt side of the building was built in 1959.
During construction the 7-storey accommodation building will be reconstructed, the functionalist- style facades will be restored and repaired in accordance with the specific conditions of national heritage. The renovated hotel will have accommodation for 157 guests conform to the Hotelstar Union 4/4 superior standard. The hotel will have a 42-seat restaurant and a lobby bar.
In support facilities will be room for modern kitchen, for the food preparation and service, a conference hall, swimming pools and saunas with wardrobes and a fitness room. The building net area is approximately 4900 m².
The renewed hotel, designed by the R. Valk Architecture Office, will welcome guests in the beginning of the summer 2014.