P132 CITY-NEWS 132 10/12/93 00:12:39      GRAND HOTEL Five-Star "Grand Hotel" is declared to be constrkcted in the centre of Moscow. The construction site will be situated on the Moscva-River bank. The constrkc- tion activity will commence in 1984 and complete in 1996. The whole project co- sts about 50 mln. USD. It will be main- ly, financed by private invenstors. MOSTEXT INDEX..→--→.---→-.→-→-100