On the territory of the plant named after Karl Marx housing construction is planning

On 18 September the Auction House of the Russian Federation (RAD) has appointed bidding on selling the area of the plant named after Karl Marx in Vyborgsky district of St. Petersburg. On 7.8 he future investor could implement projects of residential and public and business development.
Address: St. Petersburg, Bol’shoy Sampsonievsky avenue, 68.
Starting price – 1.26 billion rubles.

The territory offered for sale is located in the rapidly developing district of the City, in the quarter, bounded by Bol’shoy Sampsonievsky avenue, Kantemirovskaya street, Vyborgkaya embankment and Alexander Matrosov street.
In walking distance there is metro station "Lesnaya," in fifteen minutes of driving – downtown.

Offered for sale as a single lot a complex of buildings and premises with a total area of 30.3 thousand sq. m. The buildings are located on three plots with a total area of 7.8 he.
All buildings can be demolished.

Currently the Object is provided with all engineering communications. Specifications for connection to electric power, gas and water supply are obtained.

 “The territory offered for sale is being developed under the concept of development of the Vyborgskaya Side. The concept involves a gradual shift from industrial zone to zone of administrative and business activity, the creation on the territory, which includes Vyborgskaya embankment, a business downtown of St. Petersburg, with business centers, shopping and entertainment complexes.
Directly on the territory to be sold it is possible to place a large multi-storied residential complex of business class, which combines within its boundaries both residential and public functions.
Primarily, the plots to be sold have attractive location – easy access to central districts of the City. In addition, the proximity of the water area of Bol’shaya Nevka increases the object status due to beautiful view characteristics”, – says Dmitry Altbregin, Head of the Department for Work with Private Owners of RAD.

Prospective altitude of the buildings is 45 m with a local increase of the buildings height to 62 m.

For detailed information about the sale please see the website of the Auction House of the Russian Federation (RAD)