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30.05.2018

Educational SMART Center opens its doors in the Lori region of Armenia (PHOTOS)

The Children of Armenia Fund (COAF) SMART  Center opened its doors in the Lori region of Armenia on May 27. It was noted that $ 5 million was invested in the project. It was located at the crossroads of Dsegh and Debed villages. Smart will differ from other information technology centers by its programs and there will not be an age limit. Lori Smart Education Center is a three-wing building. It will have an alternative option of education, it will also have classrooms for parents and adul...
22.11.2017

Number of hotels in Armenia grew 60% in four years

The number of hotels in Armeniagrew by 60%, reaching 551 in 2016 against the 343 in 2012. According to data provided by the national statistical service, 379 hotels operated in Armenia in 2013, 409 in 2014 and 474 in 2015. The number of those employed in the accommodation sector increased by 53%: 3,635 people worked in hotels and other similar lodgings in 2016 against the 2,365 in 2012. In the reporting period, the volume of hotel services grew by 48%, with the sector yielding...
23.10.2017

Canada’s Tallest Inhabitable Building Breaks Ground In Toronto

Foster + Partners has begun construction on a supertall skyscraper in Toronto's business district, which is set to become the country's tallest building at 306 meters, reported The Dezeen.  It will be Canada's tallest inhabitable building and it's second-tallest man-made structure after the CN Tower, a 553-metre communications and observation tower. At 85 stories and over 300 meters in height, the building will be classified as a supertall skyscraper. The rectilinear desi...
30.09.2017

"Erebuni-Yerevan 2799" events will be held under the slogan "Yerevan, City of Love"

Deputy Mayor of Yerevan, coordinator of the "Erebuni-Yerevan 2799" working group, Aram Sukiasyan, presented a program of events dedicated to the day of the foundation of the Yerevan "Erebuni-Yerevan 2799" at a press conference in Yerevan Municipality. It was mentioned that this year the events will be held in four main components: see, hear, feel and love Yerevan.   This was informed by the Information and Public Relations Department of the Yerevan Municipality.  ...
26.09.2017

Parliament discusses draft law facilitating mortgage loans

The Armenian parliament discussed  a draft law on mortgage lending, which when passed, will allow free transfer of mortgage loans from one bank to another. According to deputy chairman of the Central Bank, Nerses Yeritsyan, the bill provides also for greater transparency in lending. Under the bill, banks will have to specify all the interests and payments. By signing a loan agreement, a borrower will have a seven-day period to terminate it without any penalties. Also, the adoption of the b...
25.07.2017

Welcome to Apple Park, possibly the world's coolest office building

Other than a mild sense of Sunday-night dread, offices rarely inspire much emotion among staff. But from now on Apple employees can be forgiven for going to work with a spring in their step. The headline figures associated with the tech giant’s new ‘Apple Park’ headquarters are staggering – over the next six months or so, 12,000 employees will be moved to the 175-acre campus, which is reported to have cost $5 billion to construct. Six years ago, Apple co-founder St...
18.07.2017

This $130 million 'Hyperloop Hotel' would allow people to travel between cities in luxury rooms

When you go out of town, you usually need to buy a few nights at a hotel in addition to a plane, train, or bus ticket. Brandan Siebrecht, a graduate architecture student at the University of Nevada, Las Vegas, wants to combine these components into one experience. He designed what he calls the "Hyperloop Hotel," a system that would feature a transit system and 13 hotels in different cities throughout the United States. Siebrecht is the student winner of this year's...
07.07.2017

The Future Home of TUMO Studios

  This past spring, five teams of architects started working on competing designs for a very unique new facility. They were asked to imagine the 4,000 square meter future home of TUMO Studios, TUMO’s new initiative focused on the creation of analog products. The architects’ brief was ambitious: Create an iconic facility at the the border of Tumanyan Park, nestled at the foot of the historic Kievyan bridge. Design it to become an efficient learning hub and the home of a bustling...
04.07.2017

Original Disneyland map sells for $708K at auction

Disneyland—arguably the world's most famous theme park—very nearly didn't get built at all. Back in 1953, even Walt Disney's own production company refused to put up the money needed to build the park. But when Walt's brother Roy set up a big meeting with potential investors in New York, Disney and imagineer Herb Ryman worked for two days on a large-format illustration of the park to woo executives at ABC. And it worked. RENT APARTMENT    BUY APARTMENT...
24.01.2017

Facebook's Zuckerberg is suing hundreds of Hawaiians to force them to sell property to him

Facebook CEO Mark Zuckerberg is suing hundreds of Hawaiians to compel them to sell the billionaire small plots of land they own that lie within a 700-acre property that Zuckerberg purchased on the island of Kauai two years ago for $100 million. In a statement posted hours after CNBC's story on the properties was first published, Zuckerberg wrote: "For most of these folks, they will now receive money for something they never even knew they had. No one will be forced off the land."...

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