However, the Beijing Hotel as well as the cost of these two lands
Beijing Hotel, Beijing Tourism Group, Beijing Hotel, the second phase, the Beijing Municipal Development and Reform Commission in 2006, the project documents, the project is an entity is a subsidiary of BTG in Beijing. The project developer, Beijing Grand Century Home Co., Ltd. was established in the June 22, 2005, the company attorney Liu Yi, Liu Yi, and Beijing Tourism Group is currently the General Manager. Zijin century, no other family property, which is specially set up for two projects, the company has hotels in Beijing.
Zijin-century house demolition in 2005 this land was not completed, the land acquisition, since. September 2005, BTG to perform the tasks requested of the land to begin dismantling the tourism Hualong Industry Development Co., Ltd. a member of the BTG. 26 th April 2007 for demolition, 713 households, including residents of 25 companies, 74,023 m2 total area of demolition is completed.
Geometry of the demolition costs are still unknown. However, in early 2007, Chang’an core areas of commercial buildings along the street / square meter to 25,000 yuan for the sold. Click here to compensate the price two weeks at home, in the total demolition cost of 1.85 billion yuan. I / m2 for the accommodation value of 17,000 yuan taking charge of a floor area calculations. It still exists and the current price is about five times the difference.
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