Urbania, which is promoting the project through its subsidiary Syllabus, is going to invest €25 million in the hotel with the most rooms in Valencia. In total, the property will have 442 bedrooms, according to reports from Levante-EMV.
The real estate group’s original idea was to open a hall of residence for students. Then, it considered transforming the project into an aparthotel. But in the end, a regular hotel will be opened on the site. The firm expects the property to open its doors from this autumn.