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The Glorax Development is launching a major project in Saint Petersburg called Ligovsky City.
The Glorax Development is going to invest around 40 billion Roubles in the project.
The Ligovsky City is located on the Ligovsky Prospect within the Volkovo industrial zone. The project designed by the developing company within Andrey Birzhin’s Glorax Group and the European architectural bureau MLA+ has won the City Administration’s competition Grey Belt. Redevelopment. Contemporary principles of redevelopment of industrial areas based on the best international practices will be applied to the project. The site will be built-up with business-class residential complexes, office buildings, commercial properties, social facilities like schools, pre-schools, a medical centre as well as recreational zones – parks and alleys.
The Ligovsky City comprises four areas owned by the Glorax Development: the Pervy Kvartal residential complex will be located at 271, Ligovsky Prospect; the Vtoroy Kvartal – at 232, Ligovsky Prospect; residential and commercial spaces will rise in the Tosina str. and the largest lot of 18 hectares will be located at 240, Ligovsky Prospect. All these streets and squares will comply with the concept of comfortable urban environment. Opening of the Borovaya Metro station expected within the next few years will improve the area’s transport accessibility.
‘The Ligovsky City will encompass several locations; however, each of them will have its unique environment able to meet all the needs of its inhabitants and visitors. No doubt, the very concept of redevelopment calls for more efforts and investments from a developing company. Project like this also take more time to implement as the areas need prior clearing and very sensible approach to integration of new spaces into existing urban fiber. Anyway industrial zones often located in the very heart of Saint Petersburg simply must be regenerated. I am confident that the Ligovsky City project will become an outstanding example of this process’, said the Glorax Group President Andrey Birzhin.
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