SU-155 lands contract

By Sandy Guthrie04 July 2013

The contract for the redevelopment of a residential district in Balashikha, in the Moscow Province, Russia, has gone to Russian developer SU-155.

Market research and consulting company PMR said that the redevelopment work would be carried out on a 48.3ha site adjacent to Pushkinskaya Street, Vostochnaya Street, 40 let Oktyabrya Street, Lenina Avenue and the Balashikhinsky forest.

The project will involve the demolition of derelict housing, along with the construction of 364,000m2 of new properties and 14,500m2 of non-residential structures – mainly social amenities.

PMR said that RUB15 billion (€375 million) would be invested in the redevelopment project.

Latest News
New U.S. dealers for Goldhofer
Goldhofer Transport Technology extends its network in North America.
Liebherr delivers new harbor crane to Port of Toledo
A new LHM 550 harbor crane has increased the capacity at the Toledo-Lucas County Port Authority.
SHOW GUIDE: The Utility Expo
A host of products and services will be shown at The Utility Show, formerly ICUEE, in Louisville, KY.