OREANDA-NEWS. On 02 April 2008 was announced, that the dilapidated 5-storey houses in blocks 44-47 of Konkovo district in southwest Moscow are to be demolished and new houses, a school and a kindergarten will be erected on the place they occupy currently.

“An investor will build almost 300,000 square metres of housing at its own expense, 58,700 among them will be transferred to the city for resettlement of the residents of 5-storey houses in 3 years to come,” a source from the city administration of Moscow said.

The investor will also put up a school, a kindergarten and an underground car park for 1,560 parking spaces.