Solemn pouring of the first concrete cube took place at the construction site of Basmanny 5 business class apartment complex Welcome speeches were pronounced at the event by Vasily Anisimov, COALCO President, Roman Timokhin, General Director of MR Group, and Olga Dmitrieva, COALCO General Director.

The project 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 complex was designed by a leading foreign architectural bureau, АРА Wojciechowski, which pays special attention to the questions of quality, reliability and safety of living. The complex integrates well into the classical "Old Moscow" architecture and at the same time complies with all the current requirements for business class real estate.

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 contains a fenced territory with a modern author's development concept by Wowhaus bureau, the author of the best urban spaces in Moscow (Museon park, Crimean Embankment, Gorky Park).