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First Buildings of the Riverside Residential Estate Commissioned

2015 may 07

Setl City has commissioned the first stage of the Riverside multifunctional estate on Ushakovskaya Embankment. The total area of the commissioned sites is 73,108.3 sq. m.

The Riverside multifunctional estate is being built on a 68,404 sq. m plot bounded by Ushakovskaya Embankment and Chyornaya Rechka river, near Stroganovsky Garden and Ushakovsky and Kantemirovsky bridges. Three 20-storey residential buildings (G1, G2 and G3) over 35,000 sq. m in total area have been commissioned within the first stage of the project, as well as an integrated attached two-storey building of a kindergarten for 140 children, 6000 sq. m in total area, and a parking lot for 476 cars. All in all, there are 497 apartments in the three commissioned residential buildings. About 80% of them have been sold.

The Riverside multifunctional estate is one of Setl City’s key projects being implemented on a large area inside a prestigious district of the city, having a well-developed infrastructure. All in all, 8 residential buildings with business- and premium-class apartments, two office centers (6- and 8-storeys), parking lots, including a parking garage for 1,303 cars, shopping and social facilities, playgrounds for children, and recreational areas will be built under the project. There will be a fountain in the center of the estate. The total area of the Riverside mixed-use estate will be about 180,000 sq. m. It is expected that the entire project will be completed in June 2016.

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Companies of Setl Group holding