South West | Real estate

Krasnodar expects sweeping changes

3 Jun '08
Director of Krasnodar Regional Agency for Economic Development Olga Andreeva has announced the city of Krasnodars ambitious $714.2m reconstruction and redevelopment plans for 2008-2014.

The project envisages the redevelopment of a 1,250-hectare area in the city center, including 606 hectares for residential housing, 163.7 hectares for public and business sites, and 41 hectares for manufacturing and warehouse premises. Total investment in engineering infrastructure is expected to top $90m.
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Tags: Sochi (305) / Olga Andreeva (0) / Krasnodar Regional Agency for Economic Development (0) /

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