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Setl City Completes the Construction of the 3rd Stage of MORE Residential Estate

2015 december 30

Setl City (a company of Setl Group) has completed the construction of the 3rd Stage of MORE residential estate, having obtained the permission to commission four houses and three car-parks. The 4th (and last) stage of MORE RE is to be commissioned next year. Petersburg Real Estate is the exclusive broker of the project.

The commissioned houses have 2344 apartments (83,000 sq. m), from studios to four-room apartments after complete fine finishing according to Setl City’s standards. Commercial spaces about 1,300 sq. m in total area, where all the infrastructure needed by the tenants will be provided, are situated on the ground floors. Three car-parks for 785 cars were commissioned at the same time with the residential houses.

Thus, 5 residential houses with 2951 apartments and 6 car-parks for 1058 cars have been built within the 3rd stage of MORE RE.

As we mentioned before, the comfort-class residential estate More is situated near the Gulf of Finland and the Yuzhno-Primorsky (South-seaside) Park Pobedy (Park of Victory). The third stage is situated to the west of the project ‘s first two stages and Matisov Canal. The entire new social, shopping and service infrastructure abundantly offered by the Baltic Pearl estate is available to the tenants of the residential estate. A new kindergarten and school that have already been commissioned are situated right between the 3rd and the 2nd stages of MORE RE. Nearby there is the multifunctional Pearl Plaza center, which includes the Prizma hypermarket, a shopping and entertainment area, a SPA center, and a Fitness club.  

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Companies of Setl Group holding