Vijayawada: Vijayawada city is likely to gets its first 15-storey building soon, but at the cost of the city’s popular landmark, the Pinnamaneni polyclinic, presently known as the KIIMS hospital.
According to sources, GEV Projects, which belongs to BJP leader V. Ranga Prasad’s son, and the management of Pinnamaneni hospital have already entered an agreement to construct the 15-storey building on the three acre plot of land located in Municipal Colony, the heart of the city.
As per the agreement, the hospital would be shifted from the premises by August end and construction would start in September. The new building will have both commercial and residential space, said Mr Ranga Prasad. The new building will have hotels, restaurants etc., along with residential flats. GEV Projects will also construct a seven-storeyed hotel for the Novotel group. This hotel will come up opposite the Vinayak theatre.
