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Setl City Wins the KAISSA-2014 Competition

2014 december 12

Setl City (a company of the Setl Group) won the first place, having presented a new residential area, Chistoye Nebo (Clear Sky) in Primorsky District of St. Petersburg in the nomination The Best Project of Integrated Development. Petersburg Real Estate is the exclusive broker of the project. The 20th Interregional Annual Public Real Estate Competition KAISSA-2014 that has already become a tradition has been held in St. Petersburg in fact from the moment the respective market emerged. This year several tens of companies from St. Petersburg and from other regions participated in the competition. It is the sixteenth time that companies of the Setl Group have become prize-winners of the KAISSA Competition, each time proving their right to be called the best.
The new residential area Chistoye Nebo (Clear Sky), which has been recognized the best integrated development project by professionals of the market, is being built in a territory of 98 ha near Kamenka river in Primorsky District of the city. 1.3 million sq. m of comfort-class housing, 14 facilities of social infrastructure, a promenade area and many green grounds and lawns will be situated in the area. A park is to be arranged near the residential estate, and by the moment of project completion, according to the city’s plans, a new metro station will be already operating.

The project is being implemented according to Setl City’s outfitting standards for big residential estates.  Besides the social infrastructure, shopping and service facilities will be arranged in integrated premises. They will include quality cafés and shops, bakeries or baker's shops, drugstores, medical centers, developing centers for children, and bank offices. A boulevard will separate car areas from territories for pedestrians, and there will be a fountain in the center of the residential area. The construction of the Chistoye Nebo residential area is to be completed within about 12 years.

Setl City has been operating in the real estate market for as long as 20 years and is one of the leading construction companies of the North-western Region. The company’s operation area covers St. Petersburg, Leningrad Region, Kaliningrad, and Kaliningrad Region. Setl City places emphasis on high quality of construction, on meeting the deadlines, and on efficient servicing of its clients. At the moment, the company’s portfolio contains more than 6 million sq. m of real estate in various stages of implementation.

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Companies of Setl Group holding