A new residential district will be built in Kirov for 116 billion rubles.

A new residential district will be built in Kirov for 116 billion rubles.

      Today, on June 20, an agreement on cooperation in the framework of the implementation of agreements on the integrated development of territories was signed at the SPIEf. The agreement was signed by Alexander Sokolov, Governor of the Kirov region, two Kirov developers and one federal developer.

      According to the governor, this project of integrated urban space development is one of the largest in the country. The investment amount will amount to more than 116 billion rubles. He added that the project will involve more than 110 hectares, and over a million square meters of housing will be built. According to Sokolov, work on the project has already begun.

      A new neighborhood will appear in the southern part of the city of Kirov with the involvement of extra-budgetary sources of financing. There are plans to create residential areas with social, transport and engineering infrastructure: as many as 10 kindergartens, three schools, a sports and recreation complex, an outpatient clinic, parks and squares).

      Kirov's general plan also provides for the construction of a six—lane 4.7 km long thoroughfare, Lipatnikov Avenue. The start of the design of the avenue is planned for this year, and the funds are anticipated in the regional budget. They plan to attract federal funding for the construction of the avenue.

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A new residential district will be built in Kirov for 116 billion rubles.

A new neighborhood is planned to be built in the southern part of Kirov.