COALCO announces that it obtained permission for construction of Basmanny 5 apartment complex in the Central Administrative District of Moscow, at the crossing of Basmanny pereulok and Ryazansky pereulok. The total area of the project is 26,696 sq. m. The complex will include apartments with the area from 39 to 177 square meters.
Basmanny 5 is the first joint project of COALCO and MR Group as part of the strategic cooperation agreement signed in March, 2015 where MR Group is a fee developer of COALCO's Moscow projects.
Basmanny 5 apartment complex is located in the historical center of Moscow, 5 minutes from the Garden Ring Road and Krasnye Vorota metro station, within walking distance from well-known theaters and museums, as well as the modern art center. The architectural composition of the 18-floor variable height building was developed by APA Wojciechowski Architects, a well-known European bureau.
“Unique transport accessibility makes it possible for the residents of Basmanny 5 complex to be in the center of the business and cultural life of the capital, noted Olga Vladimirovna Dmitrieva, COALCO General Director. - The complex has a high level of safety and comfort, and its well-designed closed territory and an underground parking are the important advantages of the new complex.”
The first floors of the complex are occupied by infrastructural objects required for comfortable living: cafe and restaurant, bakery, fitness center and consumer services. The project provides a fenced territory with a modern author's development concept, public art objects and hardscaping.
The sale of business class apartments in Basmanny 5 starts in November, 2015.