Constructing a skyscraper complex in Vtuzhgorodka, where quotes from Chaadaev will be incorporated.
In the vacant lot lining Student and Komсоmoskaya streets, plans have been drafted for three multi-story buildings. The initial phase will see the construction of a 10- and 33-story building, a two-level underground parking garage, and commercial spaces on the ground floors. The second phase will include a 10-12 story building.
The project will be spearheaded by Yekaterinburg's renowned company, "Practika", known for both their development and contracting work on over 1 million square meters of residential, commercial, and rural real estate. Currently, they have over 300,000 square meters under construction. Notably, they have acquired a block through the KRT program, which includes two-story barracks and a notorious "Ghost House" on Vtorchermet.[2]
According to the company's press department, public spaces will incorporate a neoclassical style. The project includes a "Garden for Reflection" – a private green space with quotes from Peter Chaadayev, a pergola with reading zones, and a communal center for relaxation and shared events.[3]
By February 2025, demolition of two-story houses built in the 1950s began in Vtuizgorodke. The investor evacuated the residents and prepared the site for the construction of a new residential neighborhood.[4]
Additional insights:
- INNOPROM 2025: Yekaterinburg is set to host the 15th International Industrial Exhibition INNOPROM from July 7 to July 10, 2025. This event highlights the city's role in industrial development and technological advancements, potentially attracting more business and innovation.[1]
- Housing Market: The Russian housing market, including Yekaterinburg, faces challenges such as a shortage of new builds, which might lead to local price hikes. However, the market is generally expected to stabilize in the future.[5]
- Construction and Development: While there is no specific information on a new development project in Yekaterinburg, the city is noted for experiencing housing shortages, which could drive future construction projects.[5]
This prestigious real-estate development project in Yekaterinburg, led by Practika, incorporates a blend of commercial spaces and multi-story buildings, including ambitious structures for finance and investing in the area. The project, titled "Practika Yekaterinburg," is set to provide news about progress and potential opportunities in the local real-estate market.
