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Etalon to build project in Petrogradskiy district

Eurobuild CEE 22 August 2017

RUSSIA Etalon has acquired a 1.5 ha plot on Aptekarskiy Prospekt in St Petersburg’s Petrogradskiy district for the development of a new residential project.

The site is close to Aptekarskaya Embankment, the St Petersburg Botanical Garden and a number of historic sites. The developer intends to build a project with a total net saleable area of 47,000 sqm. This will include 28,000 sqm of residential space, commercial premises and a car park for 363 cars. As most of the permit documentation has already been granted, Etalon Group plans to begin construction and launch apartment sales within the next six months.

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