LSR Group acquires new project in St. Petersburg (RU)

LSR Group acquires a large land plot of 175 hectares, on the territory of the former “Rzhevka” airfield near St.Petersburg, to build around 1 million m² of housing.

The land plot is located in an actively developed eco-friendly area in the vicinity of St. Petersburg with convenient transportation network.

The project will include construction of several apartment buildings and creation of necessary social infrastructure.

Construction is expected to start in 2016. The project will be developed in four stages.

Source: LSR Group

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