Mongolia is starting to draw the attention of many savvy investors. As mining operations begin on the largest untapped gold and copper reserve in the world many business analysts and experts have forecasted double digit GDP growth. With increased economic activity, Ulaanbaatar is expected to attract even more multinational corporations and continue to create a more affluent class of Mongolians. Many predict that this will cause demand for luxury apartments to continue to outpace the limited supply in a city where rental yields often reach shocking levels of 18%.

Construction continues on the Olympic Site.

Established in 1961, Pöyry’s designs integrate commercial, urban, technical, design and sustainability perspectives with the local community to develop strong architectural concepts. Based in Finland and working on projects all over the world, is one of Europe’s leading architectural and consulting groups.

The Ideal Group is a member of the union of Mongolian architects and routinely cooperates with other foreign conceptual and architectural design firms worldwide.

The ground floor of the Olympic will house the  lobby where a friendly staff will greet and assist residents. The building will have three separate elevator bays, allowing residents to quickly move from the lift to their apartments. The ground floor is also home to the first level of the mall, with over 1,000 sq meters of retail space.

Second Floor

The second floor will sport 7 different retail locations, ranging from high-end clothing brands to electronic goods stores. In addition, spacious offices with large board rooms will be available to companies interested in being in the heart of Ulaanbaatar. Large glass windows will allow for proper lighting in winter months, reducing energy bills while improving morale and productivity.

Visitors to the southward facing café will enjoy cappuccinos while taking in the sights of the Boghd Khan mountain range as well as the Children’s Park.

Third Floor

Two upscale food courts on the third floor will offer residents a wide variety of dining options during lunch hours. At night, bars and exquisite restaurants will offer culinary treats for those with more discerning tastes. And as guests enjoy the delectable dishes, they can also take in the sights of snow capped mountains.

[Show as slideshow]

[View with PicLens]

123►

Fourth Floor

The fourth floor is the first floor with apartment housing. Options range from 2-3 bedroom apartments to penthouses. For a detailed look at the apartment options, please refer to the floor layouts gallery. The fourth floor is also home to a residents lounge with a terraced area over-looking the third-floor dining area.

Sixth through Eighteenth Floors

These floors have combinations of premium condominiums, high-end duplexes, and penthouse suites. Refer to the different maps to see the different combinations.

Google map

Despite being in the middle of the city, the views from the luxury apartments will give the feel of  a countryside location. Balconies will have exquisite views of the Tuul River, the Boghd Khan mountain range, and Zaisan National Monument on the outskirts of town. Landscaped gardens will envelope the Olympic building, creating an ideal outdoor recreation experience.