In Yekaterinburg, the reconstruction of the "Iset" hotel has been suspended.

In Yekaterinburg, the reconstruction of the "Iset" hotel has been suspended.

      The reconstruction project of the hotel "Iset," recognized as a cultural heritage site, has been suspended. This was reported by the "Business House on Archiereiskaya."

      — The company is conducting operational activities, and the staff has been retained. Due to imposed restrictions, the funding for some investment projects in the direction of "cultural heritage sites of Yekaterinburg" has been temporarily suspended, the organization's press service told the EAN publication.

      Before nationalization, the "Business House on Archiereiskaya" signed agreements with the authorities of Yekaterinburg for the reconstruction of nine architectural monuments in the city. The renovation of the hotel "Iset" was supposed to start in 2026 and be completed by 2028, RBK clarifies. It was previously reported that a new bridge over the Iset River would be built in the center of Yekaterinburg.

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In Yekaterinburg, the reconstruction of the "Iset" hotel has been suspended.

The reconstruction project of the "Iset" hotel, recognized as a cultural heritage site, has been suspended. This was reported by the "Business House on Archiereiskaya."