Ameria Group announces winners of architectural concept contest

YEREVAN, March 28. / ARKA /. Ameria Group has announced the winners of a contest announced for design of the best architectural concept of a multi-functional center in downtown Yerevan, the press service of Ameriabank said.

The contest was announced on December 21, 2010 by Ameria Property Development Company, a member of Armenia Group. The center is to be built at the intersection of Vazgen Sargsyan, Deghatan and Khorentsi streets in central Yerevan.

“Sixteen designs offering various solutions were submitted to the contest All of them are now at the Union of Architects and will be on display until March 31, the press release says.

After discussions the jury decided not to award the first prize. The second prize was awarded to architectural design bureau Arkh Kop, the third prize was awarded to architectural design bureau Armproject.

In addition to the main prizes, two incentive prizes were awarded for the fourth and fifth places. During a ceremony last Friday at the Union of Architects the winners were awarded certificates and cash prizes. Given that the first prize was not awarded, the jury decided to increase the amount of prize money from the premium fund provided for in the first place. The winner of the second place received 2.5 million Drams, and 1.5 million drams were awarded for third place, and two encouraging prizes were 750 thousand drams each. The jury comprised well-known experts in architecture and construction, including foreign ones, as well as officials.

‘Ameria Group is sure that any question relating to the architectural appearance of the city is in the focus of the public and this is why it attaches great importance to public awareness of any step being done in this direction. To this end, the public will be given comprehensive information about all the details related to the further process, – the press release said. -0-

spot_img

POPULAR

Euro to Armenian dram exchange rate jumped by 5.36 drams, while the dollar and ruble rose slightly: Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, determined on the Armenian foreign exchange market as of April 1, 2026, increased by 0.07 points compared to March 31, reaching 377.23 drams.

Euro continued to decline against the Armenian dram, while the dollar and ruble rose: Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of March 30, 2026, rose by 0.36 points compared to March 27, to 377.54 drams.

The average exchange rate of the Armenian dram to US dollar in March was 3.9% lower than a year ago

In March 2026, the average exchange rate of the Armenian dram to the US dollar was 377.4 drams, compared to 392.8 drams in March 2025, according to data from the Statistical Committee.

Armenia to Receive $200 Million from the World Bank to Develop a Sustainable and Competitive Economy

Armenia will receive $200 million (€170.3 million) from the World Bank to support its transition to a more competitive, globally integrated economy with responsible emissions management.

Martin Galstyan discussed Armenia’s implementation of the Fund’s structural benchmarks with the IMF mission

Central Bank of Armenia Governor Martin Galstyan held a final meeting with Alexander Timan, head of the IMF mission to Armenia, the regulator's press service reported.

LATEST NEWS

spot_imgspot_imgspot_img