RIGA - The wife and the daughter of Vitalijs Gavrilovs, the former CEO of Latvia's largest brewer Aldaris, announced last week that they were set to build a 15 million euro recreational facility in Riga that would become one of Latvia's top tourist destinations.
The sports and leisure complex 's Go Planet 's will be built in the thickly populated Purvciems neighborhood of Riga and will attract some 360,000 visitors annually, Arnis Lapins, a representative of Ladeko, the limited liability company that owns the project, said on Sept. 3.
Lidija and Natalja Gavrilova have owned Ladeko for some 14 years.
Go Planet, which will be the largest such entertainment center in the Baltics, should be completed by the fall of 2005, according to Lapins.
He told the Bizness & Baltija daily that the 15,000-square-meter area would be filled with various sports facilities, swimming pools and amusement rides.
The project will be financed by both Ladeko's funds and bank loans, he added.
The architectural bureau AB3D designed the center, and Re&Re will carry out the construction, with the help of British and Belgian experts.
The Gavrilovs have been working on the project for some two-and-a-half years but ran into numerous bureaucratic obstacles. However, city authorities finally approved the project as adhering to Riga's strategic development, and work is expected to begin immediately.