LSR Group to Build Business-Class Residential Complex in Moscow
OREANDA-NEWS. December 23, 2011. CJSC Mosstroyrekonstruktsiya (a subsidiary of LSR Group, one of the leading real estate developers and building materials producers in Russia) is starting business-class residential project in the Danilovsky district of Moscow in partnership with Coalco Development.
The new complex will be located in one of the central and prestigious Moscow districts with good infrastructure.
The project will comprise of multi-storey business-class houses with the total residential area of 105 th sq m and a kindergarten. The houses’ layout makes it possible to build apartments of enhanced comfort – two-level apartments and penthouses (up to 250 sq m). Moreover, the complex will include small reasonably priced studios and one-bedroom apartments (from 44 sq m).
The infrastructure will fully correspond to the business-class housing: underground parking for 1,860 cars, comfortable inner courts with a sports ground and playground. Non-residential area of 8.8 th sq m will include retail, bank branches and restaurants, etc.
The construction is scheduled to begin in 1Q2013. Phase 1 (around 55 th sq m) is planned to be completed in July 2016.
According to Moscow town-planning and land commission, this land plot is now zoned for residential construction. The industrial facility located here earlier was relocated to the Vladimir region.
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