LSR Group acquires new project in St. Petersburg

LSR Group acquires new project in St. Petersburg

LSR Group acquired land plots with a total area of 34 hectares on the reclaimed territories of the Vasilievsky Island along the coastal line of the Gulf of Finland. The corresponding contract was signed with LLC Desna Kapital and JSC Terra Nova.

LSR Group plans to build approximately 500,000 sq. m of comfort class housing. The project also implies construction of a pedestrian embankment along the coastal line as well as a large park. The construction will start in 2019. By this time the company is to fulfill the whole complex of soil stabilization works at the construction sites.

For more information please contact:LSR Group Press ServiceE-mail: [email protected] www.lsrgroup.ru