As it was stated on the public procurement website on Wednesday, the matter concerns a part of the embankment running from Bolshoy Kamenny Bridge to Vasilievsky Slope and Borovitskaya Square. In addition, the development will concern Manezhnaya and Mokhovaya Streets, Okhotny Ryad Street, Teatralny passage, Old and New Square, Slavyanskaya Square, as well as block courtyards of adjacent buildings.
858 million rubles ($13 million) are planned to be allotted from the city budget to the development works. Results of the tender are scheduled to be announced on the 11th of January, 2017.