MIL-OSI Russia: Moscow Renovation Fund builds 15 percent of housing in the capital

Translation. Region: Russian Federal

Source: Moscow Government – Government of Moscow –

The Moscow Fund for Renovation of Residential Development is the leader in housing construction in the capital, accounting for about 15 percent of development. This was announced at the XXVIII St. Petersburg International Economic Forum by Deputy Mayor of Moscow for Urban Development Policy and Construction Vladimir Efimov.

“Currently, the renovation fund is building over 3.5 million square meters of housing. This is more than 180 residential complexes in 11 administrative districts of Moscow. About 125 thousand Muscovites will move into them. Most new buildings are currently being built in the southeast of the capital – 43 buildings, in the east – 27. Another 21 residential complexes are being built in the North-Eastern Administrative District,” said Vladimir Efimov.

The buildings will have elevator halls, rooms for strollers and bicycles. The passages will be through. Residents will be able to exit the entrance into the inner courtyard with children’s and sports grounds, and onto the roadway with guest parking.

“The renovation fund is building the most houses in Kuzminki — 16. The second place in terms of the number of construction projects is in the Lyublino district — nine new buildings, and the third place is shared between five districts at once: Golyanovo, Koptevo, Losinoostrovsky, Fili-Davydkovo and Khoroshevo-Mnevniki — five new buildings each,” he specified.

Vladislav Ovchinsky, Minister of the Moscow Government, Head of the Department of Urban Development Policy.

The adjacent territories will be improved: trees and bushes will be planted, lawns and flower beds will be laid out, playgrounds and sports grounds will be equipped. For the safety and comfort of all residents, video surveillance cameras and street lights will be installed.

Earlier, Sergei Sobyanin said that the renovation program included 131 more sites for the construction of houses.

The renovation program was approved in August 2017. It concerns about a million Muscovites and provides for the resettlement of 5,176 houses. Earlier, Sergei Sobyanin ordered to increase the pace of implementation of the renovation program in twice.

Moscow is one of the leaders among regions in terms of construction volumes. High rates of housing construction correspond to the goals and initiatives of the national project “Infrastructure for life.”

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