The plot of “Oboronservis” the Kremlin sell for a luxury housing

The plot of “Oboronservis” the Kremlin sell for a luxury housing

Auction for the sale of land at starovagankovskiy pereulok, 17 possession (belongs to the JSC “Krasnaya Zvezda, which is part of JSC “Garrison”), will be held on July 28, according to the official website of the organizer of auction — the Russian auction house. The initial value of the object area of 1,646 sq m (approximately 0.16 hectares) will amount to 800 million rubles.

That is the cost of 1 hectare of land, the Kremlin is estimated at 4.9 billion rubles. For comparison, in 2014, the Tender Committee of Moscow has auctioned two plots on the Sofiyskaya embankment with the total area about 3 hectares over 9 bln (RUB 7.9 billion — the cost of the lot, the rest of the debt to third parties), reported “Vedomosti”. In the end, the buyer was Capital Group and the total amount of the transaction exceeded RUB 10 billion, or 3.3 billion rubles. per 1 ha.

According to the presentation of the “Garrison” (have), at the moment to sell land there are four non-residential buildings with a total area of about 4 thousand sq. m. they are All in dilapidated condition, are not operated and do not belong to the cultural heritage.

At the meeting in December 2014 the planning Commission of the city of Moscow approved the project of reconstruction of the quarter 37 in the Arbat district, within which is put up for auction of land. Concept, in particular, provides for the demolition of existing buildings and construction on their place eight-story luxury apartment building with usable area of 3.8 thousand sq m 28 apartments. The final redevelopment plan has not been approved, noted on the website of the Council of the district of Arbat with reference to the Moskomstroyinvest.

“The place is exclusive as say the developers, even captured. This is the heart of the city: Znamenka, Vozdvizhenka, the Aleksandrovsky garden. I honestly don’t know apartment complexes that are closer to the center”, — said the partner of consulting company Colliers International Stanislav Bibik.

According to him, the price on the lot, is adequate. Existing buildings sold for 200 thousand rubles. per square meter, while the cost of housing in the elite house built in their place, can reach 1-2 million rubles per meter, the expert estimated. “But everything will depend on how the developer is applying for the facility may engage in such platforms what is the concept he offers. Still, this area is not in the open field: located next to the General staff and other military facilities,” he adds.

General Director of “geo development” Maxim Leshchev considers that the proximity to the defense Ministry should not prevent the construction: “This is a fairly common pattern in urban planning practice when there are spots that are assigned for construction. 16 acres you can build just one building with underground Parking”.

In may 2016 holding “Garrison”, managing non-core assets of the Ministry of defense and responsible for the economic activities of the military, sold in Moscow, a former industrial area near to Mozhaisk highway. The winner of the auction was the group of companies “pioneer”. In 5.9 hectares and 22 buildings on Gzhatsk the street, the developer has paid 2.2 billion RUB with an initial lot price of 1.36 billion rubles, plans for the building were not disclosed.

In June, “Garrison” sold the last land asset in St. Petersburg — the territory of the former artillery repair plant on the prospectus of Marshal Blucher. KBC Sergei Yaroshenko bought a 10.4 hectares at a starting price of lot 512 million rubles According to the approved draft plan on this site it is possible to build 21 thousand square meters of housing, and 10 thousand square meters of commercial space.