The Old Steam Mill in Belgrade, protected as a historic monument, will be completely reconstructed. Renovated Old Mill will keep the authentic parts of the building, but it will become a modern four-star hotel and office building. After reconstruction of this location, the capital of Serbia will get a new attraction with excellent traffic connections. In Belgrade, the construction of its first hotels began Rezidor Hotel Group. The 80 acres are soon to witness 25,000 square meters of a hotel space, business tower and garages. Inside the hotel complex will be 236 rooms, a restaurant and bar, conference center area of 600 square meters, part for massage and relaxation, great parking, and free internet access in all rooms. Radisson Blu Hotel will receive its first guests during the year 2013. The project investor is Soravija grupa with their partners, Erste Bank and European Bank for Reconstruction and Development (EBRD). The investment in this project will reach approximately EUR 55 million.