Atrium fails to meet deadline

Eight business centers with the total area of 285,600 sq m are to be commissioned in Yekaterinburg this year, including four Class A centers (total area 221,600 sq m) and four Class B centers (total area 64,000 sq m). The news was announced at a meeting headed by Vice Mayor of Yekaterinburg for Consumer Market Viktor Konteev.

Last year, five new buildings with the total area of 93,000 sq m were to have been commissioned; in reality, however, only one building was actually launched, that is, Voznesensky Business Center (Class A, total area 23,200 sq m) at 18 Pervomayskaya St.

Among the business centers whose commissioning deadlines are set for 2011 are Tatishchevsky in Verkh-Isetsky district, 53-storey-high Vysotsky at 8 Krasnoarmeyskaya St, Summit at 51a Vosmoye Marta St, Vensky Dom at 59 Sacco & Vanzetti St, AVS at 99 Mamin Sibiryak St, Carneol at 23 Gogol St, Filitz at 188 Lunacharsky St, and Tsarsky Most. In addition, the international exhibition center Yekaterinburg Expo will be opened in the first half of 2011. Atrium Business Center, that was supposed to have been commissioned as early as October 2010, will actually be commissioned early in 2012.

There are currently 65 business centers in Yekaterinburg with the total area of 719,000 sq m. This includes 12 Class A centers (total area 146,600 sq m), 43 Class B ones (total area 422,000 sq m), and 10 Class C ones (total area 150, 300 sq m).

The city council reports the rent comes to 1,000-1,500 RUR per sq m. Buying prices start at 75,000 RUR per sq m.


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