a postcard of hotel Tsar Boris III
In a previous blog post, I mentioned that this monumental building was purchase by Edmund Beck, the US millionaire that also restored the Hadji Nikoli Inn to former glory.
The businessman purchase the crumbling Veliko Tarnovo property on Opalchenska Street via his company, “Bulbeck” about two months ago.
The millionaire invested approximately $3 million to restore the Hadji Nikoli Inn. The restoration of the hotel is expected to cost more. It will be a 4-star hotel and owner is keeping its historic name.
Currently architect Nikolay Georgiev has undertaken safety and security measures of the former hotel, which is in poor condition. A team of architects will most likely be assigned to restore the building.
Several projects are to be considered, whose approval will likely take about a year, since the building is of cultural importance in Veliko Tarnovo.
Hotel Tsar Boris III now