“At a session held on the 13th of October, Moscow Urban Planning and Land Commission approved a project of the urban land development plan at the address of Elektrichesky Bystreet, buildings number 1, 3/10 and 3 for construction of a residential compound,” says the statement.
JSC Fazotron-NIIR Corporation, a rights holder of the land plot, initiated the reconstruction of the territory.
The project of the urban land development plan envisages construction of the 89,492 square-meter residential compound, including houses, nursery schools, retail and office premises, on the territory of the former plant.