Saint Petersburg City, a megaproject worth 350 billion rubles, will be built in Saint Petersburg.

18.04.2025
19736 views
0
Saint Petersburg City, a megaproject worth 350 billion rubles, will be built in Saint Petersburg.

A project is launching in St. Petersburg that could radically transform the urban landscape: the multifunctional public and business center "St. Petersburg City." In scale and concept, it will become a northern equivalent of "Moscow City." At the same time, it will propose a new model of urban development that meets the challenges of the 21st century.

A project with megacity ambitions

According to a presentation by developer KRT Development, the project is scheduled for completion between 2024 and 2030. The total investment will be at least 350 billion rubles, and the total development area will exceed 3 million square meters. Financing will be provided entirely through private capital.

The project is positioned as:

  • A new image of St. Petersburg as a global metropolis of the 21st century;

  • A new center for business, social and cultural life;

  • A new lifestyle – compact, convenient, “no traffic jams” and “one step away from everything”.

Where and why here?

A 105-hectare site has been allocated for development near the Ladozhskaya metro station, Ladozhsky Railway Station, and the Shirotnaya High-Speed Highway (SHMSD). This location offers maximum urban development potential:

  • Proximity to the historical center and the ring road;

  • Direct connection with Pulkovo Airport;

  • Possibility of integration with the Circle Line of the metro (future station "Ladozhskaya-2");

  • The site is located in a depressive development zone: it is home to outdated industrial facilities, a penal colony, semi-legal parking lots, abandoned warehouses, and ecologically unsafe areas.


В Петербурге построят «Санкт-Петербург Сити»

Petersburg City - the "5-minute city" and "smart" urbanism

The project is built on the principles of a "five-minute city" and transit-oriented development (TOD), in which housing, work, education, healthcare, and leisure are all within walking distance—often even under the same roof.

Key elements:

  • The headquarters of BRICS and SCO are analogous to the UN quarter in New York;

  • Government complexes: "Nevskaya Ratusha 2.0", representative offices of federal and regional authorities;

  • Offices of the largest corporations: Gazprom, Sber, VTB, Yandex, Rosneft, VK, Russian Railways, Rostec;

  • University urban campus: inter-university apartments, laboratories, research centers, libraries;

  • Scientific and cultural cluster: concert venues, museums, “City of Childhood”, shopping and entertainment centers;

  • Sports and health centers: water park, fitness, SPA;

  • New standard residential development, hotels, co-living spaces and serviced apartments;

  • Central Park, green pedestrian areas, farmers' markets, restaurant streets.


В Петербурге построят «Санкт-Петербург Сити»

Digital, smart, green

Saint Petersburg City will implement the principles of sustainable and smart urbanism (ESG, UrbanTech, Smart City):

  • Intelligent utility systems;

  • Modern digital services and mobile applications;

  • Mixed logistics: separation of pedestrian, vehicle and cargo flows;

  • Safe, immersive urban environment;

  • High level of ecology and energy efficiency of buildings;

  • Reducing commuting and traffic congestion in the historic centre.


В Петербурге построят «Санкт-Петербург Сити»

Scale of influence: for the city, the country, and the world

  • 100,000 new jobs;

  • 50,000 new residents;

  • 500+ high-tech enterprises;

  • 30+ billion rubles in budget revenues per year;

  • A new tourist and architectural symbol of the city;

  • A real example of partnership between government and business.

What's next?

The project is still undergoing review and approval. Given its scale, implementation will require support from the governor and federal agencies. However, interest in St. Petersburg City from both the government and private investors is already evident.

If the project is launched on schedule, by 2030 the Northern Capital will have a unique business and social center that will be able to compete not only with Moscow City but also with leading districts in world capitals—from Paris to Singapore.

The article uses materials from KRT Development.

Related materials:

Petersburg City: A Redesigned Skyscraper Concept Near Ladozhsky Station

Leave your comment or question
Rate the publication
2.5 of 5

Other news in Moscow-City

Putin gave a start to the construction of the National Center "Russia" in Moscow-City
26.03.2026
Putin gave a start to the construction of the National Center "Russia" in Moscow-City
Vladimir Putin gave a start to the construction of the National Center...
MedSwiss to Open a Medical Center in the City of Capitals Tower
20.03.2026
MedSwiss to Open a Medical Center in the City of Capitals Tower
MedSwiss Launches a Major Medical Center in Moscow City: A Multidiscip...
MR Group launches investment fund for One Tower skyscraper construction in Moscow City.
16.03.2026
MR Group launches investment fund for One Tower skyscraper construction in Moscow City.
Developer MR Group has launched a closed-end mutual fund to build the ...
Russian Railways has removed the Moscow Towers skyscraper in Moscow City from sale.
07.03.2026
Russian Railways has removed the Moscow Towers skyscraper in Moscow City from sale.
Russian Railways unexpectedly withdrew its listing for the Moscow Towe...
Russian Railways will auction off the Moscow Towers office complex in Moscow City.
21.02.2026
Russian Railways will auction off the Moscow Towers office complex in Moscow City.
Russian Railways announced the sale of the Moscow Towers office comple...
Russian Railways may sell Moscow Towers in Moscow City for 220 billion rubles.
03.02.2026
Russian Railways may sell Moscow Towers in Moscow City for 220 billion rubles.
Russian Railways is preparing to put office space in the Moscow Towers...
The general contractor for the One skyscraper in Moscow City has been selected.
30.01.2026
The general contractor for the One skyscraper in Moscow City has been selected.
Rencons has been appointed general contractor for the 90-story residen...
Russia's most expensive office is on display in Moscow City.
30.01.2026
Russia's most expensive office is on display in Moscow City.
The office building in the Federation Tower has become the most expens...
The Big City plans to expand its road network.
25.01.2026
The Big City plans to expand its road network.
The construction and reconstruction of approximately 25 km of roads is...
The bionic skyscraper project "Strana.City" has been approved in City-2.
26.12.2025
The bionic skyscraper project "Strana.City" has been approved in City-2.
Moscow authorities have approved the architectural design of the Stran...
The government has instructed Russian Railways to consider the sale of Moscow Towers in Moscow City.
19.12.2025
The government has instructed Russian Railways to consider the sale of Moscow Towers in Moscow City.
The Russian government is discussing the sale of the Moscow Towers sky...
Office complex on Erismana Street near Moscow City: construction approved for 249,000 square meters
18.12.2025
Office complex on Erismana Street near Moscow City: construction approved for 249,000 square meters
Moscow authorities have approved the construction of a multifunctional...
Cadastral growth in 2026: "City of Capitals" entered the top of Moscow's most expensive buildings
05.12.2025
Cadastral growth in 2026: "City of Capitals" entered the top of Moscow's most expensive buildings
In 2026, Moscow recalculated the cadastral value of properties. "City ...
Dau House: Moscow City's first residential skyscraper and a triumph at the 2025 URBAN Awards
28.11.2025
Dau House: Moscow City's first residential skyscraper and a triumph at the 2025 URBAN Awards
Moscow City's first residential skyscraper, Dom Dau, received top mark...
Construction of the new TOP TOWER skyscraper has been approved in the Presnensky District.
13.11.2025
Construction of the new TOP TOWER skyscraper has been approved in the Presnensky District.
Mosgosstroynadzor has approved the construction of a new skyscraper, T...
Double-deck high-speed elevators at iCITY bring a new level of vertical mobility to Moscow City.
12.11.2025
Double-deck high-speed elevators at iCITY bring a new level of vertical mobility to Moscow City.
The iCITY business complex in Moscow City has launched Russia's first ...
STONE will build 200,000 m² of office space in the Big City on Shmitovsky Proezd.
06.11.2025
STONE will build 200,000 m² of office space in the Big City on Shmitovsky Proezd.
STONE (Stonehenge) has begun engineering work on a 2.4-hectare site in...