At the center of Yerevan is Azatutyun, and at the center of Azatutyun was Jazz: A Memorandum of Cooperation Signed in a Jazz-Inspired Atmosphere

A warm Yerevan evening, jazz, signature cocktails, and Azatutyun. The premium multifunctional complex marked the beginning of yet another international partnership.

Japanese engineering systems by the globally recognized Mitsubishi Electric will be integrated into the complex being developed at 26/1 Azatutyun Avenue. The memorandum of cooperation was signed with Consel, the official representative of Mitsubishi Electric in Armenia. The agreement was signed by Davit Atanessian, Founder and CEO of Azatutyun Multifunctional Complex, and Arman Papazyan, Founder and CEO of Consel.

“When creating the Azatutyun complex, we had a very clear vision: to establish a new benchmark for quality, architecture, and contemporary urban living in Armenia. From the very beginning, it was important for us that this would not become just another development project, but rather a project distinguished by both its quality and philosophy. That is why we approached the selection of every partner with great attention and responsibility. Today, we are pleased to officially welcome Mitsubishi Electric and its Armenian representative, Consel, among our partners,” noted Davit Atanessian.

The Armenian company Consel is one of the most experienced engineering companies in the country and has served as Mitsubishi Electric’s exclusive partner in Armenia for nearly 25 years, delivering advanced technological solutions and ensuring their professional implementation.

Azatutyun and Consel once again reaffirmed their shared approach of bringing together international expertise, contemporary architecture, and advanced technologies within one integrated environment.

“We are proud to collaborate on the realization of this complex. The choice of Mitsubishi Electric for the Azatutyun project fully aligns with the overall concept of creating a modern, intelligent, and long-term value-driven environment. At the same time, Consel’s expertise and engineering approach allow these technological solutions to be implemented with high precision and systematic thinking,” stated Arman Papazyan during his speech.

The event brought together representatives of the diplomatic corps, partners, investors, and leading industry professionals to mark a collaboration aimed at setting a new benchmark in Armenia’s premium residential development and engineering sectors.

During the evening, guests were introduced to the Azatutyun premium multifunctional complex, including its residential, commercial, and leisure spaces, contemporary architectural solutions, and high-standard infrastructure. The project is being developed on Azatutyun Avenue, one of Yerevan’s most important urban arteries, where the city begins and continues.

The evening featured live performances by Midnight Avenue Jazz Band and a signature cocktail created especially for the occasion, creating a warm and distinctive atmosphere for guests.