The routes for the two highways that will pass near Veliko Tarnovo are already clear, the local newspaper Borba announced. Officially Hemus Motorway will run north of Polikraishte, about 13-14 km from the old capital. There will also be a large road junction where Hemus intersects the planned highway between Ruse and Veliko Tarnovo. The Ruse – Veliko Tarnovo Highway is to cross the current Sofia – Varna main arterial road near the village of Momin Sbor.
Hemus Motorway is to enter Veliko Tarnovo area near the village of Varbovka (close to Pavlikeni) and will go south to Mihaltsi. It will pass near Lesicheri, Dichin, Vodoley and will reach Polikraishte; it will then continue in the direction of Sushitsa and Gorski Senovets and all the way to Belokopitovo and Shumen.
The Ruse – Veliko Tarnovo Highway is to be constructed at the same time. The selected route will run north of Byala and north of Polski Trambesh near the village of Obedinenie and towards Momin Sbor and Ledenik and then straight to Debelets. Its construction begins next year.
The property market was quick to react to the news. The first deals for plots of land near the planned routes are already underway. A boom in property prices along the highways is also to be expected.
The Post Office in the very centre of Veliko Tarnovo is set to become a luxury 5-star hotel, it was announced by the Chief Architect of the Municipality Nikolay Malakov. The current owners have already announced their intentions and will start working on the project shortly.
The building that used to be owned by the Bulgarian National Telekom/Vivacom until recently housed the Customer Service Centre of the company. It is built over 5 floors in the shape of the Bulgaria letter П, with a courtyard and garages accessible from the south. Its total built-up area is just over 1380 square meters, according to the local newspaper borbabg.com.
The idea of the new owners is for the ground floor facing the street to host many shops. Some of them have already been realized and operate with a separate entrance for each.
The hall with the telephone booths is to be converted into a posh ice cream parlour. The investments only for the ice cream shop is expected to reach about 100,000 leva. The entire building is owned by a developer who bought it from the state in December, 2009 for 1,6 million euro. Until now he rented it out to its previous owner – Vivacom.
Veliko Tarnovo is to receive a new town park – its 15th. The park will be set up at the terrain near the Kachitsa Roundabout (just behind Billa Store). The initial project is now ready.
The project envisages that there will be walkways, green areas with decorative shrubs and trees, pet zone, sports facilities, kids playgrounds and water fountains. There will be skating and bicycle alleys and shaded seating areas. The park will also have a stage where it can host various happenings and performances. The funding is expected to come through the financial mechanisms of the European Union.
The plot of land spans over 18,000 sqm and was owned by the state until last year when the Council of Ministers granted the ownership of the place to the Municipality of Veliko Tarnovo at the request of the Mayor Daniel Panov. All the other parks within the territory of the town were renovated in recent years after the Municipality secured funding from the European Union.
Foreign investors are to build the first settlement for astronomical observations in Bulgaria. It will be located in the Balkan Mountains, in an area between Gabrovo and Dryanovo. This is the darkest part of Bulgaria, away from the lights of towns and other human activity, which might interfere with astronomical observations.
The so-called Star Village will hosts festivals, workshops and training courses. The goal for the place is to become an educational and research center for professionals and lovers of astronomy, said the creator of the project David Hollands.
Astronomy enthusiasts will be able to combine their vacation with practical work, observations and even astrophotography.
The village will have a visitors’ center, a private observatory, conference halls and a modern residential, educational and scientific complex. The Star village should be ready in early 2017.
An article published in yesterday’s issue of Yantra Dnes Newspaper says that the property market in Veliko Tarnovo is starting to feel the pressure of a different crisis – there are no more properties left which can meet clients’ demands. The article also points that people are now oriented towards buying fully-furnished and equipped newly-built apartments. The demand is highest for 1- and 2-bedroom apartments. Clients are willing to give more than 40,000 euro if such an apartment meets their criteria. However these are the properties which are hardest to be found these days. The market is starved for good-quality apartments and they are nowhere in sight.