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The last lot in the first stage apartment block in the River Park urban quarter has been sold. The sale of the commercial property, commissioned in January this year, has been completed. The developer of the first phase is Rechnikov Invest. The partner in realization of the new building is the company “Metrium”.

The office and business center of the River Park urban quarter consists of 378 apartments with a total area of 27,000 square meters. Sales began in January 2017, the last lot was sold in October of this year. During the sale, the price per square meter increased by more than 30%. The commercial facility was commissioned in January 2020. The office and business center includes three sections united by a stylobate. It contains commercial premises and, in particular, a supermarket.

The complex of apartments in the “River Park” city quarter is a rare example of using metal constructions for the construction of similar objects in Russia. This practice is actively used in many countries, but in our country the metal is mainly used for the needs of the defence industry. However, this technology can also be used to build residential buildings, reducing the construction time compared to monolithic and brick structures.

“Construction of buildings on a metal frame basis is faster and easier,” comments Grigory Vaulin, CEO of Ferro-Stroy Group. – In other countries this technology is widely used, but in Russia it is mistakenly associated only with industrial facilities. In fact the metal frame basis can be used in the construction of residential, office buildings and even individual houses. In this case, this technology allows the builder to build even on sites with difficult soils, groundwater close to the surface, as well as to actively expand the range of apartments. Bearing pillars in such buildings are located mostly along the perimeter, which means that most of the rooms have a free layout with the possibility of easily combining neighboring lots on the site.

Now the second stage of the project is under active construction. In buildings A (a building with apartments), 1 and 2 the monolithic phase is completed, the finishing of the facade work and the installation of engineering systems is coming to an end. In building 3 45% of the monolithic works are finished. The tiles are being laid on the embankment of the “River Park” urban quarter. By the end of October the installation of small architectural forms will start here and in the yards of buildings 1 and 2. The developer of the second phase of the project is OJSC “MSSZ”.

“There is a wide range of lots in the urban quarter “River Park”, – says Natalia Sazonova, development director of the company “Metrium” (member of the CBRE partner network). – Within the first stage the buildings were of comfort class, within the second stage the buyers were offered lots in the buildings of business class. Also in River Park there are apartments and apartments. Thus the developer manages to attract various categories of customers. In particular the apartments are significantly cheaper than the apartments and allow for a smaller amount of money to buy housing of comparable quality.

In the second phase of “River Park” urban quarter realization the minimum price of business class apartments is 7,6 mln. rubles for 34,3 sq. m, apartments – 10,3 mln. rubles for 37,9 sq. m. The buyers can take advantage of mortgage programs from 15 partner banks of the project. It is also possible to buy housing in installments.