«Korsando» plans by the end of the year to change the purpose of land

13.09.2010 12:41
Articles about real estate | «Korsando» plans by the end of the year to change the purpose of land Development company Korsando "expects before the end of this year to change the purpose of the land plot with total area of 677.9 hectares with. Druzhnya (Borodyanka district, Kiev region.) For the construction of the town "Korsando-City cost about $ 1.5 billion "For the further development of the project before the end of the year plan to change the purpose of the land," - said commercial director Jaroslav Taldykin during the International Investment Forum "Integration and Partnership".

According to him, is supposed to transfer agricultural land and horticultural land intended for residential and public buildings.

Related article: Cottage trends

Stroyraboty directly on the site is scheduled to begin in 2012, assumed that all the town will be built in 2017

The concept of the project involves three major stages: a set of 14 mini-hotels with a total stock of 450 rooms, designed primarily for corporate stays, sports complex, golf course with a private residential area of premium and business class around it, a business park with retail and entertainment infrastructure provided by the two shopping centers, outlet, water parks and Wellness-center.

In general, the total amount of residential property in the form of cottages, townhouses and condominiums is expected at 1.3 million square meters. m

With the cost of housing in "Korsando City in the amount of $ 800-1500 per 1 sq. km. m the company expects to create a competition similar proposals in Kiev and around it.

J. Taldykin also clarified that the total cost of the project is approximately $ 1.5 billion, with initial funding provided for a $ 90-100 million, then expected to yield self-financed with the proceeds from the sale of the first objects.

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