Built-up area of ??the complex is 4 hectares, while land is owned by the developer.
According to Deputy General Director of "SPRING" Yaroslav Nazarenko, half of the district will occupy an apartment, a quarter will be given over to parking lots and a quarter - for welfare projects. Total housing complex will consist of 14 residential houses.
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First district is scheduled to pass in the fourth quarter of 2009 and full completion of the construction will occur within three years. The project cost is $ 60 million, with seven of them have already mastered the builders.
To obtain funds for continued construction company "SPRING" exposed for sale in five own facilities - hotel "Karpaty" in jiffies hypermarket, a hotel and a petrol station in Boyan, and woodworking shops in Chernivtsi. According to Yaroslav Nazarenko, implementation of housing costs 5 thousand UAH for 1 sq. km. m, recoupment of 4 years.