Subsidiary of Bank of St. Petersburg - Investment Financial Company (IFC) BSP - will build a gated development of 272 business-class homes in the area of 62 hectares near Pavlovsk Park in St. Petersburg, wrote on Monday, the newspaper "RBC daily". According to the publication, the engineering training most of the site and construction of the first 30 houses will be spent 450 million rubles.
"Sales of the first phase will begin next spring, to implement all parts of the investor expects a period of seven years" - says the material.
"At the heart of the village will be created an artificial lake next to him appears dominant - a public building in the Italian style. The function for this facility has not yet chosen," - says the material.
It is that the cost of a house with a plot in the complex experts estimate that between 8-10 million rubles, in the next draft-competitors Mariinsky estate "and" Pavlograd 'cottages being sold about the same price range.