Phase one of Zagorodny Kvartal includes 14 residential towers, 728 apartments, 46 townhouses, retail facilities and an 8,000sqm park.
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Construction of phase one of Zagorodny Kvartal, the Limitless joint venture community project new Moscow, is around 35% complete, it was announced by the Dubai developer.
Four apartment building and 26 townhouses are on track for completion this year, the developer said. Covering 14 hectares, and due for completion in 2015, phase one of Zagorodny Kvartal includes 14 residential towers that contain 728 apartments, 46 townhouses, retail facilities and an 8,000sqm park.
Seven apartment buildings, all townhouses and infrastructure work are currently under construction, with 300 workers on site. Landscaping is due to begin this year, the developer added.
Located 24km north-west of Moscow, Zagorodny Kvartal – meaning Country Quarter – is being constructed alongside the Moscow Canal. With more than half of the master plan comprising communal, green, open space, the project will bring the great outdoors into the everyday lives of residents and visitors, providing quality urban-style accommodation in a countryside setting.
Spanning 111 hectares, Zagorodny Kvartal’s overall master plan features 5,500 apartments, nearly 470 villas and townhouses, school, kindergartens and a commercial centre.
The community will accommodate more than 14,000 people when fully complete.
Zagorodny Kvartal will be part of one of the most rapidly-developing districts in the Moscow region. It is 4km from Sheremetyevo International Airport, 8km from the Moscow Ring Road and 10km from Kimki Business Park.
Highway upgrades, currently underway, will provide quick, congestion-free routes to and from the Russian capital, and a new high-speed toll road will provide easy connections to St Petersburg.
End users in Russia have purchased over 200 homes at Zagorodny Kvartal, which is being sold in phases with a UAE launch coming soon. Units on sale include studios, one, two and three-bedroom apartments, and three and four bedroom town homes.