After months of work and a $10 million grant, Santiago Bernabeu Residencia in Santiago, Chile, is finally ready to reopen.
The renovation of the former colonial palace and hotel will be completed in 2019.
Santiago Bernabéu Residence, located in the south of Santiago, is the largest residential development in the city, and its construction will provide residents with an opportunity to enjoy a new home, a hotel and a park, according to local media.
The project was approved by the state legislature last year.
Bernabeus will be renovated for up to five years and will be open to the public during these years, according the official website of the Santiago Bernabaes, and the project is scheduled to begin in 2021.
It will have five floors of apartments, with a total of 6,500 units, and will provide up to 1,000 square meters of residential space, according Bernabeau.
The apartments will have separate bedrooms and will include both communal and private spaces, the site said.
The renovations will be funded by the local government.
“In the process of completing the project, we have found that we were able to achieve many of the goals we set,” Bernabeuer’s deputy governor, Maria Maria Rondon, said.
“The renovation is a great example of how the renovation process is built on the principle of collaboration.
Together, we can build a great future for the people of Santiago.”
In the meantime, Bernabeueres renovation will open the door for thousands of tourists to visit, the local daily El Pais reported.
The building is already packed with tourists.
In January, the hotel and palace received a total 2.5 million euros ($2.9 million) in subsidies.
It has been praised for its cleanliness and its modern architecture.
Bernabes renovation will also make a new beginning for the historic center, which was demolished by Chile’s military dictatorship in 1954.
Santiago, which is in the northern part of the country, is home to about 40,000 people, the official media reported.
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