5.5 he for residential development near the center of St. Petersburg

On 17 December the Auction House of the Russian Federation (RAD) announced an auction for the sale of two adjacent land plots with area of 3.1 and 2.4 he for the construction of residential and sports complex.
Address: 51, Metallistov Avenue.
Starting price – 100 million rubles.

The connections to systems of engineering services (heat supply, water supply, electric power supply, sewerage) are available.

Plots are located in the Kalinin district of St. Petersburg, at the intersection of Metallistov Avenue and Piskaryovsky Avenue. In 10 minutes of driving – metro stations “Ploshchad’ Lenina” and “Vyborgskaya”, in 15 minutes – the center of the City.
The Object surroundings – predominantly residential blocks of buildings with developed infrastructure – shopping complexes, shops, cafes, educational institutions and others.

“On the given territory, subject to observation of the legislation on urban development activities, it is possible to carry out the project of multifunctional residential development with inclusion of objects of recreational function.
According to our estimates, the future owner can build there about 90 thousand sq. m. of housing and a valuable sports complex. Taking into account that in the given district there is a lack of sports centers, a similar project will be in demand among the locals (Olga Zheludkova, Head of Department for Work with Mortgaged Property).

On the territory there are several buildings with total area of 1.6 thousand sq. m. One building is leased until May 2015. All buildings can be demolished.