The construction of the new district will soon start on the area near to Republic Square. The District 33 will be built on the plot of land between Tigran Mets Avenue, Hanrapetutyan, Buzand and Khanjyan Streets, with residential, public and service facilities, business centers, hotels, as well as with new ways of transport communication.

The project construction site area is more than 5 hectares. According to the design, there are three intersecting radial streets will start from the round square with a diameter of 85 meters to the directions of Tigran Mets Avenue, Khanjyan and Buzand Streets. A unique, strictly round, square for Yerevan will be built in the center of the district with two-story underground parking lot. The round square will serve only as rest zone for walkers. Green zones, playgrounds, pools and some small architectural forms will be set up in the district. The construction area will be about 200,000 square meters with the building density about 33%. The permissible height of the buildings will vary from 27 to 50 meters, and only 3 areas neighboring Khanjyan Street will be allowed to build structures up to 60 meters high. The central square’s buildings permissible height will be up to 30-36 meters.

The project is planned to be implemented in 3-4 years. At present, work is underway to develop the territory.