OREANDA-NEWS  On 02 December was announced, that a new residential building will be raised on the site in east Moscow where the dangerous structures are currently located.

“Three dwelling houses under the threat of collapse will be demolished on 24 Preobrazhensky Val. And, according to the prefecture of the eastern administrative district of Moscow, a new residential building will be put up here instead of a hotel, the development of which has been planned before,” a source from City Hall said.

The official noted that its construction would be financed from the city budget of Moscow.

According to the source, an equivalent site within the eastern district will be selected for building the hotel.