New residential community – Zaovrazhye

Short overview

Region

Kaluga Region

City/town

Obninsk

Project description

A large-scale investment project that will see an urban development complex implemented at the north end of Obninsk. The project envisions construction of apartment buildings, elite houses, townhouses, as well as kindergartens, schools, sports grounds, a stadium, stores, shopping & entertainment centers, clubs, restaurants and cafes. The local terrain features have been used in project designs: the highway skirting the gully has been designed as promenade and the gully slope as a decorative marina. The height of buildings decreases from the center to the periphery.
Floor space of housing projects: 1,388,000 m2.
Population: 34,700.

Unique features of the project

The project has passed a competitive selection process announced by the Federal Agency for Construction and Housing and has been included in the list of experimental investment projects for comprehensive development as part of the "Housing" state program for the years 2002-2010.

Estimated cost of the investment project (Euros)

685 000 000

Shareholders' own resources (%)

10

Borrowed resources (%)

90

Availability of design estimates (yes or no)

yes

Company name

Russky Dom Ltd.

E-mail

reklama@gk-rusdom.ru

Web-site

www.gk-rusdom.ru

Type of the project

Real Estate. Construction

Detail overview

GENERAL INFORMATION

Region

Kaluga Region

Company name

Russky Dom Ltd.

Municipality, City, District

Obninsk

Brief positioning of project

In the scope of realization of the National Project Affordable and Comfortable Housing to Citizens of Russia in the territory of Kaluga Region, Russky Dom presents its large-scale prospective project for th region, Zaovrazhye. According to the protocol of commission of the Federal Agency for Construction, Housing and Utilities (“Rosstroy”) dd. June 22, 2007, Zaovrazhye project was chosen among 39 projects submitted by various regions of Russia and included into the list of experimental investment projects in the scope of realization of Housing state program for the years 2002 to 2010. The project developed by GC RUSSKY DOM proposes to use the northern part of Obninsk for housing development: a modern town planning complex with housing development ranging from small apartments up to elite cottages and townhouses. The project provides for gardens and schools, playgrounds in house yards and a stadium, a shopping center and stores, neighborhood service points, an entertainment center, clubs, restaurants and cafés. The center is accented by high-rise buildings. The height of buildings in the community decreases from the center to periphery. A plaza is designed in the center. The high-rise section of the community is divided into blocks. The main street, being continuation of the existing Lenin Ave., is planned as a parkway, the central part of which is a pedestrian zone. The terrain relief was taken into account in the design: the main road adjacent to a ravine, is decorated as an embankment, and the ravine slope as a decorative esplanade. Cottage and low-rise buildings consists of two sections. The section situated in the western part of the district is represented exclusively by individual family houses, while the number of their floors increases as far as they are more remote from the main street. The northern part of the community accommodates a line of linked cottages (townhouses) and individual cottages. For parking of motor transport of community inhabitants, except for transport of cottage owners, ground floors of respective buildings and adjoining territories should be used. Guest parking places are also provided.

PLOT

Site TYPE

Unoccupied land

Enterprise (organization) name — owner name

OOO Russky Dom

Legal address

46 Marx Ave., Obninsk, Kaluga Region, 249030

Telephone

+7 (48439) 444-22

e-mail

reklama@gk-rusdom.ru

Contact Person (Full name)

Mudrichenko, Tatyana Viktorovna

Office

PR specialist

Telephone

(48439) 444 22, внутр. 45

contact person’s e-mail

Reklama@gk-rusdom.ru

Area

134 ha

Property category of land and buildings

freehold

Extension options

yes

LOCATION

Adjacent residential buildings

About 1 to 1.5 km

Restrictions

no

Remoteness

Center of the constituent subject

95 km from Moscow, 80 km from Kaluga

Nearest Millionaire City

Moscow

millionaire city — distance km

85-90

Municipality education building

Obninsk

municipality — distance, km

within the city limits

Highways

Moscow — Kiev

highways — distance, km

4

Railways

Moscow — Bryansk — Kiev

railways — distance, km

5

Airports

Vnukovo; Ermolino Freight Airport

airports — distance km

70; 16

FACILITIES

Number of structures

no

OWN TRANSPORT FACILITIES

Communication type (motorway)

yes

Communication type (railway branch)

no

Communication type (port, landing stage)

no

Communication type (post/telecommunications

yes

BUILDING

Residential development

1 388 000

PROJECT INVESTMENT COSTS

Concept development design

yes

Comment

in progress

CONTRACTORS

General designer

ArchProject

General contractor

OOO Russky Dom

ECONOMIC INDICATORS

Shareholders' own resources (%)

10

Требуемый объем инвестицийBorrowed resources (%)

90

Payback time, years

7