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Setl City’s New Project on Vasilyevsky Island

2014 january 13

Setl City (a company of Setl Group) has started the construction of a new business-class residential estate, The Residence, in Maly Prospekt of Vasilyevsky Island. Over 47,000 sq. m of housing, including 435 apartments, a car-park for 300 cars, a kindergarten and integrated commercial spaces will be built there by the 2nd quarter of 2016. St. Petersburg Realty, the exclusive broker of the project, has already started the sales. The Residence consists of two buildings with a varying number of storeys (8 to 9) united by a shared entrance lobby with a reception area. As the Setl City’s concept implies, hallways will be designed according to a special project. The project includes one-, two-, three- and four-room apartments in the condition prepared for fine finishing. Triple-pane glass wooden windows and quality metal entrance doors will be installed in the residential spaces. Future tenants will be able to go down to the car-park on an elevator directly from their storey. As to the commercial spaces provided for by the project, Setl City’s intention is to sell them according to their designed application. Thus, according to investors’ and lessees’ plans, there will be a medical center, a beauty parlor, a restaurant, a day spa and a confectioner's shop in The Residence when the first tenants start to move in. Besides, there will be a kindergarten right on the site of the estate. A courtyard situated on the operated roof of the car-park will be absolutely safe due to a video surveillance system and will have all the amenities. The austere and calm architecture of the residential estate will blend in with the panorama of Maly Prospekt. Natural stone and porcelain gres finishing, as well as aesthetic lighting of the façade, will emphasize the special status of the new residential estate, The Residence.

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Companies of Setl Group holding