Install

Get the latest updates as we post them — right on your browser

Today's paper. Last Updated: 05/24/2012

Moscow Expansion Focuses On Western Part of Region

By Bela Lyauv / Vedomosti

Mayor Sergei Sobyanin, left, and Moscow region Governor Boris Gromov conversing at an official meeting. They are overseeing the discussions on land allocation.
Denis Grishkin / Vedomosti

Mayor Sergei Sobyanin, left, and Moscow region Governor Boris Gromov conversing at an official meeting. They are overseeing the discussions on land allocation.

Land plots on the west side of the city are leading candidates to facilitate the expansion of Moscow.

During the St. Petersburg forum, Mayor Sergei Sobyanin and Moscow region Governor Boris Gromov agreed to create a working group to formulate a proposal on how to expand the city's boundaries, following an order from President Dmitry Medvedev.

The Moscow region government is allocating the space to situate the capital federal district, a member of the working group said. Gromov said eight locations are under consideration, including Rublyovo-Arkhangelskoye on the west side and Domodedovo in the south.

It is still not clear how many state agencies will move and how many people will work there — which makes the process of selecting a site difficult, a source told Vedomosti. The Moscow region is mainly proposing that federal lands be used. But most plots are small — 200 to 300 hectares. The most developed proposals are for Skolkovo, Rublyovo-Arkhangelskoye and Domodedovo, the source said.

Sberbank head German Gref is the chief lobbyist for the Rublyovo-Arkhangelksoye plot, federal and local officials say. The Millionaires' City project — which consists of 2.7 million square meters of building space on 430 hectares of land, three kilometers from the Moscow Ring Road — was being developed by Nafta Moskva's Suleiman Kerimov. Then in 2008 Binbank co-owner Mikhail Shishkhanov bought the project using a 104 billion ruble ($3.7 billion) credit from Sberbank.

After the crisis the developer had to change the project's concept, and eventually Sberbank took control of Rublyovo-Arkhangelskoye. One of the officials in the working group said it is possible to extend the territory of the property to 700 hectares by purchasing nearby land currently in private hands, but he did not name the possible sellers. It was not possible to get a comment from Sberbank.

There are about 700 hectares of federal property at Skolkovo.

Vasily Anisimov is offering his Domodedovo territory, which totals 8,000 hectares, and Vadim Moskovich has property along the Kaluzhskoye Shosse that he is offering, regional officials said.

There is no final agreement about the expansion of the city using Moscow region land, said Gulnara Penkova, the mayor's press secretary, but the president's orders will be fulfilled.





This article has no comments.

Be the first to leave a comment


Discussion
The Moscow Times welcomes your comments and invites you to discuss topics with other readers. Your comment will be posted automatically to enable a live discussion. If you aren't familiar with our comments policy, you can read it here.

If you're a registered user, you can start typing your comment below. If not, take a moment to sign up. and then return to the article.

If your comment doesn't appear, contact us by using our web form.

Comments

Comments via Facebook



Also in Business

Green on Green: Shipping Threatens to Trouble Baltic Waters

A boom in infrastructure development at the head of the Gulf of Finland near St. Petersburg is causing stress to the environment and risk of ecological disaster.

Gazprom May Increase Investment Spending

Gazprom could again increase its investment program for this year, after recently announcing plans to raise investment spending by 8.5 percent to $27 billion.

Companies in Airline Sector Report Growth

Transaero may double dividends paid to shareholders for 2011 when the company's board of directors votes on increasing the payments to 44 kopecks per share at their June 23 meeting.

Bosch Plans to Expand Auto Plant in Saratov

Bosch is planning to localize more auto parts assembly lines in Russia following a profitable year during which the technology supplier saw its sales in the country jump 50 percent to almost 1 billion euros ($1.2 billion).

Source: Dergunova Tapped to Lead Property Agency

VTB board member Olga Dergunova will be appointed to head the Federal Property Management Agency, Vedomosti reported Wednesday, citing unnamed government sources.

Medicine Ads May Disappear, Defense Ministry May Pick Up Slack

Russians are no strangers to military rigor and physical pain — a cultural trait that the government seems keen to incorporate into its advertising strategy.



print


Comments

This article has no comments.

Be the first to leave a comment





Most Read
MarketGid
 

Eleven Years Ago Today the Earth Moved

By Bela Lyauv / Vedomosti
I wonder, did you feel it? When last weekend, on Friday and Saturday, the world changed a little?