Moscow-City (official name - International Business Center "Moscow-City") is an ambitious project conceived as a way to modernize the capital and create a world financial center in it. The history of its creation begins in 1992, when the Moscow government decided to develop the territory in the Presnensky district west of Red Square.

The main stages of development of Moscow-City:

  • Planning and design (1992–1996): The first stage involved developing a concept and development plan for the area, identifying key facilities for the complex and infrastructure.

  • Beginning of construction (late 1990s - early 2000s): The first construction work began with the construction of the Bagration Tower, a bridge and other infrastructure facilities. This was followed by the construction of office centers, including the Embankment Tower and the Northern Tower.

  • Development and expansion (2000s - 2010s): Moscow-City was actively developing, new skyscrapers appeared in the complex, including the Federation Tower, Mercury City Tower and Oko. Conditions were created for the work of the largest Russian and international companies, shopping centers, restaurants, entertainment and sports facilities were opened.

  • Current stage (2020s): Today, Moscow-City is one of the symbols of modern Moscow, a dynamically developing business district that continues to expand and attract new investments. New projects are being implemented in the complex, including residential buildings, offices and cultural spaces.

The Moscow-City project is distinguished by its scale and comprehensive approach to the creation of a modern business space, which has allowed Moscow to take a worthy place among the world's leading megacities with a developed business infrastructure.


Additional questions on the topic:
Future development plans for Moscow-City include the construction of new high-rise buildings, further development of infrastructure for business, housing and recreation, as well as improved transport accessibility. It is planned to introduce advanced technologies to create a smart urban environment, improve the environmental friendliness of the complex and develop green areas.More details
Moscow-City has a significant positive impact on the Moscow economy, acting as a major business and financial center. This attracts large Russian and international companies, creates new jobs, stimulates infrastructure development and increases tax revenues to the city budget.More details

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