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Photo by M. Mishin. Press Service of the Mayor and the Moscow Government

More than 1.5 thousand jobs will also be created there.

Part of the former industrial zone Brattsevo, located in the Voikovsky district, is being reorganized according to the Industrial Quarters project. This was announced by the Deputy Mayor of Moscow for Economic Policy and Property and Land Relations Vladimir Efimov.

“The area of ​​the industrial zone subject to integrated development within the framework of the Industrial Quarters project will amount to 22 hectares. Redevelopment of the site of the former industrial zone Bratsevo will create more than 1.5 thousand jobs. Investments in the new facility will exceed 50 billion rubles, and the expected budgetary effect will be more than 800 million rubles per year. The project is scheduled to be completed in 2030. On this territory, next to the MCC Baltiyskaya station, they are going to build 550 thousand square meters of real estate, ”he said.

The project for the integrated development of the territory of the former industrial zone Bratsevo has already been approved by the City Planning and Land Commission of Moscow.

“The project will build 90 thousand square meters of housing within the renovation program. The investor will also build a kindergarten for 325 children and a school for 750 students. The project provides for the construction of sports facilities and grounds equipped for outdoor sports, and buildings for public and business purposes “, – added the head Department of Investment and Industrial Policy Alexander Prokhorov.

Comprehensive development of the territories of the former industrial zones of Moscow within the framework of the Industrial Quarters project will allow the city to receive about 500 thousand jobs and almost three trillion rubles of budget revenues, and the total investment will amount to more than seven trillion rubles.

The project makes it possible to bring unused and virtually abandoned urban areas into circulation. The first agreement on the integrated development of the territory in Moscow was concluded in July 2020 – this is a project affecting the territory of the former industrial zone Oktyabrskoye Pole with a total area of ​​5.92 hectares. Investments in the development of the industrial zone will amount to about 14 billion rubles, the budget effect – about 1.8 billion rubles a year. The project is scheduled for six years, but the investor plans to complete the construction by 2024.

In early November 2020, the country’s first auction for the right to conclude an agreement on the integrated development of the territory was held in Moscow. Within its framework, part of the Korovino industrial zone in the north of the capital is being reorganized. In early June 2021, at the 24th St. Petersburg International Economic Forum, two more agreements were signed on the integrated development of the territory of the Kuntsevo industrial zone and the second section of the Korovino industrial zone.

EDITOR’S NOTE: This article is a translation. Apologies should the grammar and or sentence structure not be perfect.

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