Iskander Makhmudov
According to Russian news sources, Ural Mining and Metallurgical Company (UMMC) and Hyatt Hotels Corporation have already agreed to build the hotel. A subsidiary of UMMC is currently constructing a building called the Iset Tower. If the UMMCHyatt deal is finalized, Hyatt will use the top six floors of the Iset Tower for the luxury apartments. [27]