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The CEO of Federation Tower JSC provided data on the cost of maintaining Moscow's tallest building: the owners incur annual expenses of approximately 600 million rubles to cover operating costs.
According to Mikhail Smirnov, these figures are entirely justified and are primarily due to the skyscraper's enormous floor area—443,000 square meters. Furthermore, the building houses 20 different utility systems, while a typical Moscow high-rise typically has no more than four or five. Therefore, maintaining the Vostok requires significant expenditure.
Substantial sums are also spent on cleaning the building. Every year, the facades are washed in the spring and fall, costing the owners over 14 million rubles.
"Vostok" is one of the two skyscrapers in the Federation Towers. It stands 374 meters tall. The building has seven underground floors and 95 aboveground floors, housing retail galleries, offices, and residential apartments. The top floors are reserved for luxury penthouses.
The skyscraper is visited by over 22,000 people daily. Counters installed at the entrances provide accurate data. This number, of course, includes not only the complex's guests but also its residents and office employees.
To date, 145 of the 256 apartments have been sold. Federation Tower JSC plans to sell 70% of the remaining 111 lots by the end of 2020, and the remaining 30% by the end of 2021. Mr. Smirnov's plans are quite realistic, as interest in Moscow City properties has recently increased among both domestic and international buyers. Consequently, sales continue to accelerate.
The complex still has a luxurious three-level penthouse available, as well as 20 "platinum" and 91 apartments with a view. Their sizes vary quite widely. The smallest apartment with a view is approximately 46 square meters, while the largest is 350 square meters. As for the "platinum" apartments, their sizes range from 157 to 719 square meters. The three-level penthouse occupies a whopping 2,180.9 square meters.
The Vostok Tower was built and commissioned in 2017. Its construction was funded by AEON Corporation, led by R. Trotsenko. Its immediate neighbor, the West Tower, has only 63 floors and is 242.2 meters tall. However, the building's main competitor is the One Tower complex, currently under construction near the Mercury and Grand Towers. This skyscraper promises to become the tallest residential complex in Europe, as its height will exceed 400 meters.
Construction work, which began in late 2019, is now proceeding strictly on schedule, with construction ongoing around the clock. The One Tower project is being implemented by Mosinzhproekt, the company responsible for metro development, road construction, transportation hubs, and other major projects in Moscow.
One Tower will have 106 floors, including three underground floors, housing a business center and shopping galleries, as well as 1,521 fully-equipped apartments with permanent residency rights. It is scheduled to be completed and open for occupancy within a few years.
The entire rapidly expanding business district is being built on Presnenskaya Embankment, on the site of a former quarry, and occupies over 60 hectares. Over the past two decades, the Moscow City project has experienced ups and downs, but today it is considered one of the capital's most ambitious urban development projects.
