‘Multi-faceted area development will cut costs and create nice room for living,’ claims Alexander Starikov, Rector of Ural State Architectural Academy.

‘The construction of the would-be Academic district of Yekaterinburg that employs this concept will also make housing much more affordable. As is well known, the prices on the real estate market are quite speculative due to the increased demand and limited supply. Large-scale construction projects may be a solution to the problem; in addition, they comply with the top-priority national program known as Affordable and Comfortable Housing to Russian Citizens,’ Mr. Starikov says.