MIL OSI Translation. Region: Russian Federation –
On the site of the industrial zone, both high-tech industries and residential buildings, trade facilities, a kindergarten and a school will appear.
The former industrial zone on Berezhkovskaya embankment will be reorganized. The draft decision on the integrated development of the territory has already been approved at a meeting of the City Planning and Land Commission of Moscow, said the Deputy Mayor for Economic Policy and Property and Land Relations Vladimir Efimov…
“Within the framework of the Industrial Quarters project, the territory of the former industrial zone Berezhkovskaya Naberezhnaya with a total area of more than 26 hectares will be reorganized. The implementation of the project will allow the city to get 12.5 thousand jobs. Investments in a new facility in the west of Moscow will exceed 150 billion rubles, the expected budgetary effect is 4.3 billion rubles a year, ”he said.
More than 660 thousand square meters of real estate will be built on the territory of the former industrial zone. As the head told Department of Investment and Industrial Policy of Moscow Alexander Prokhorov, Half of them will be for housing.
“The same amount in the new industrial quarter will be occupied by non-residential buildings: offices, trade facilities, high-tech industries, a kindergarten, a school, as well as a temple complex. The project will be implemented by 2029, ”he said.
The comprehensive development of the territories of the former industrial zones of Moscow within the framework of the Industrial Quarters project will allow the city to receive about 500 thousand jobs and almost three trillion rubles of budget revenues, and the total investment will amount to more than seven trillion rubles.
The first agreement on the integrated development of the territory in Moscow was concluded in July 2020. It concerns the territory of the former industrial zone Oktyabrskoe Pole. Investments in its development will amount to about 14 billion rubles, the budget effect – about 1.8 billion rubles. The investor plans to complete construction by 2024.
At the beginning of November last year, the country’s first auction for the right to conclude an agreement on the integrated development of the territory was held in Moscow. Within its framework, part of the Korovino industrial zone is being reorganized. At the beginning of June 2021, at the 24th St. Petersburg International Economic Forum, two more agreements were signed on the integrated development of the territory of the Kuntsevo industrial zone and the second section of the Korovino industrial zone.
EDITOR’S NOTE: This article is a translation. Apologies should the grammar and or sentence structure not be perfect.