The municipal authorities of Amsterdam have signed an agreement with developers De Principaal, BAM Vastgoed and Woonmaatschappij Markant to build a residential tower at Arena Boulevard to the south of the Dutch capital. The 47-storey tower, designed by architects Wiel Arets and Van Aken, will contain a total of 382 apartments and include a fitness centre, shops and restaurants, local paper Het Parool reported. The development costs are put at EUR 100 mln.
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