An international jury has selected eight consortiums to develop detailed architectural proposals for the construction of an international financial center in Rublyovo-Arkhangelskoye on Moscow's western edge.
The final shortlist for the project, which will cover a 460 hectare area owned by state-run Sberbank, was culled from a list of 83 bidders from 22 countries, Vedomosti reported. 85 percent of the bidding parties were foreign. The eight candidates will present their visions for the center by April. 1, 2014, after which three finalists will be announced.
The project, first conceived by then-president Dmitry Medvedev in 2008, envisages the building of 5.4 million square meters of real estate, hotels and other commercial and social infrastructure, including 1.9 million square meters of office space and 1.8 million square meters of housing.
A Message from The Moscow Times:
Dear readers,
We are facing unprecedented challenges. Russia's Prosecutor General's Office has designated The Moscow Times as an "undesirable" organization, criminalizing our work and putting our staff at risk of prosecution. This follows our earlier unjust labeling as a "foreign agent."
These actions are direct attempts to silence independent journalism in Russia. The authorities claim our work "discredits the decisions of the Russian leadership." We see things differently: we strive to provide accurate, unbiased reporting on Russia.
We, the journalists of The Moscow Times, refuse to be silenced. But to continue our work, we need your help.
Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just $2. It's quick to set up, and every contribution makes a significant impact.
By supporting The Moscow Times, you're defending open, independent journalism in the face of repression. Thank you for standing with us.
Remind me later.
