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Setl City Commissions the First House in the ZimaLeto Residential Estate

2016 october 31

Setl City (a company of Setl Group) has obtained the permission to commission the first of the five buildings within the ZimaLeto residential estate being built by the company in Energetikov avenue, at a 15 minutes’ walking distance from the Ladozhskaya metro station. Petersburg Real Estate is the exclusive broker of the project.

The commissioned building No. 1 will have 830 apartments after complete finishing over 30,000 sq. m in the aggregate area. On the ground floor there are commercial spaces about 1,500 sq. m in area. A car-park for 227 cars was commissioned with the residential house. Another four residential buildings with car-parks, as well as a kindergarten for 190 kids and a school for 450 pupils are being built.

ZimaLeto RE is a project for the redevelopment of an industrial site, as a result of which about 150,000 sq. m of housing, 5 underground car-parks, open parking lots, a kindergarten and a school will be built here by the year 2018. Setl City places emphasis on beautification of the promenade area along the Okhta river that encircles the land plot on the southern and eastern sides and on arranging green areas: there are about 5 ha of landscaped zones on the 10 ha of the land plot.

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Companies of Setl Group holding