Support The Moscow Times!

Construction of Europe's Tallest Building Finishes in St. Petersburg

Anton Vaganov / TASS

Construction of the 462-meter Lakhta Center skyscraper in St. Petersburg officially came to a close on Monday when city authorities announced that they had included the building into Russia’s property register, six years after the start of construction.

Located in northern St. Petersburg, the 87-story building is expected to become the headquarters of Russia’s Gazprom gas giant, along with its oil subsidiary, Gazprom Neft. According to Forbes, Gazprom Neft is also listed as the owner of the building — the tallest in Russia and in Europe.

Russia’s Federal Service of State Registration included the skyscraper in its databases on Monday after officials completed the necessary inventory inspections, Interfax reported.

The Lakhta Center Facebook page published a one-minute time lapse video of the six-year construction process on Sunday.

The building is expected to hold its official opening ceremony in the second half of 2019, after renovations of its 87 floors is completed. It will house offices, a science and education center, exhibition space, a sports center, medical center, children's science theme park and a viewing platform, as well as a number of cafes, stores and entertainment venues, including movie theaters and skating rinks. 

Interfax estimated the total cost of the building as 100 billion rubles ($1.52 billion).

When St. Petersburg authorities approved the construction of the Lakhta Center in 2012, local politicians and city heritage activists appealed to then-Governor Georgy Poltavchenko to reduce the height of the planned skyscraper, fearing that it would ruin views and endanger the city’s status as a UNESCO World Heritage Site.

Read more

Independent journalism isn’t dead. You can help keep it alive.

As the only remaining independent, English-language news source reporting from Russia, The Moscow Times plays a critical role in connecting Russia to the world.

Editorial decisions are made entirely by journalists in our newsroom, who adhere to the highest ethical standards. We fearlessly cover issues that are often considered off-limits or taboo in Russia, from domestic violence and LGBT issues to the climate crisis and a secretive nuclear blast that exposed unknowing doctors to radiation.

Please consider making a one-time donation — or better still a recurring donation — to The Moscow Times to help us continue producing vital, high-quality journalism about the world's largest country.