(PRWEB) November 20, 2013
The company noted that a distinguishing feature of the project would be the construction of a large number of social, cultural and recreational facilities, which will be not only of the district, but also of the municipal significance. The company promises to build 26 multi-story parking structure, 13 kindergartens, 5 schools, 2 hospitals, 2 sports complexes with swimming pools, a children's art school and a number of others socially important complexes.
In addition, the project will also incorporate the construction of Youth House and Culture Palace of Krasnoselski district, as well as the Integrated Center for Social Rehabilitation for handicapped and disabled children. Recreational areas, sports and children's playgrounds, areas for dog walking along with special pedestrian sidewalks and squares are also in the districts future. A network of bicycle paths will connect all of the residential space of the “Gorod Masterov”.
The highlight of the district will be the area of organized exhibitions of folk art and workshops of traditional Russian art, which are designed to promote Russian folk art among Saint Petersburg residents and its visitors.
In addition to the construction of social infrastructure in the district, the construction two hotels, two business incubators, a business center, several shopping malls and stores will all become a part of the district.
Experts estimate that the investment in the project will amount to more than $3 billion and will take 15 years complete.
"Twenty to thirty million square feet of housing are built annually in St. Petersburg today. With the market of the size the quality becomes most compelling advantage. We believe that large number of socially significant object will be highly appreciated by potential residents”, said Vladimir Skigin, chairman of the Board of Directors at Satellit Development.
About Satellit Development
Management Company "Satellite Development" LLC was established in 2008 and its main activities include: integrated land development, sale of land, development and design of residential and commercial projects, consulting and brokerage services