Samolet Corporation announced an ambitious plan to create a complex in Kommunarka reminiscent of the renowned Moscow-City business district . Following a successful auction, the corporation's Sfera Pro division acquired the rights to land plots totaling approximately 6.5 hectares for an amount equal to the starting price of approximately 3.5 billion rubles. The plans call for the development of approximately 600,000 square meters of real estate, both residential and commercial.
The Kommunarka project is envisioned by city authorities as an alternative business center, similar to Moscow-City. However, experts remain skeptical about the location's appeal for large businesses, including corporate headquarters, due to the current high vacancy rate of office space in the region and the anticipated economic slowdown. Vladislav Fadeev of Gazprombank points to the significant supply and potentially long lease terms.
Kommunarka's accessibility and infrastructure issues, coupled with the already active housing construction, raise questions about the viability of the residential component of the new project. To attract residents, measures to improve transportation accessibility and develop social infrastructure are necessary.
The project includes the construction of not only residential but also commercial properties, including an impressive business center designed by Granel Group. The Moscow administration's initiative to create integrated districts combining workplaces and residential spaces aims to optimize the city's transportation system.
Kommunarka is positioned as a key element in the development of New Moscow, offering a wide range of residential and social facilities on approximately 500 hectares. Total investment in the project reaches 400 billion rubles, with the first phase of construction, covering the main utility networks, scheduled for completion by autumn 2023.
This venture not only offers the prospect of expanding Moscow's business and residential space, but also opens up new opportunities for the development of urban infrastructure, facilitating a more harmonious and sustainable growth of the capital region.
