Dostoyanie Residential Quarter Named Winner at Urban Awards 2017
The Dostoyanie Residential Quarter (owned and developed by Hals-Development) was named winner at the annual Urban Awards 2017. The project was voted the Most Eco-Friendly Business-Class Complex in Moscow. The winner in the eco-friendliness category is determined based on its location, energy efficiency, use of technologies minimizing negative environmental impact, safety and comfort of living, and environmental responsibility of developer.
“The Dostoyanie Residential Quarter is one of our company’s most celebrated projects that has rightfully won recognition from market experts. Along with its architectural solution and engineering specifications, eco-friendliness of real estate remains an important parameter for today’s buyers. The residential quarter is being constructed in the Western District of Moscow that is conventionally known for its good environmental situation. There are three large parks within a walking distance from the complex,” comments Leonid Kaprov, Senior Vice President of Hals-Development.
Urban Awards is a high-profile residential real estate award established in 2009. The main goal of the award is to celebrate the best development projects in order to promote modern standards and spread the best practices in construction, architecture, marketing and management of real estate. In 2017, the awards ceremony was held on November 22 in the Crystal Ball Room in Moscow-City.
The Dostoyanie Residential Quarter includes three residential towers – Nauka, Kultura and Iskusstvo. The architectural design was developed by GRAN Studio directed by the Honorable Architect of Russia Pavel Andreyev. The project offers 417 apartments, including 6 panoramic penthouses with open terraces and a view of the Zhivopisny Bridge and the Rowing Canal.
As of today, concrete construction has been completed at the Kultura and Iskusstvo buildings, with a total of 35,000 cu m of concrete work performed. Installation of engineering services is currently underway in the quarter, and in December 2017 façade work is scheduled to commence. The construction is scheduled to be completed in Q4 of 2018.
The Dostoyanie Residential Quarter is a winner of numerous professional awards. In 2016, the project was named the Best Business-Class Residential Complex Under Construction in Moscow and Premiere of the Year at the Urban Awards. In 2017, the complex was nominated for the international Real Estate Market Records Award in the Architectural Solution #1 category.
Follow the construction progress in real time at www.dostoyanie-hals.ru.
About the company:
PJSC Hals-Development is a fast-growing real estate development company that specializes in commercial and residential real estate and controls all stages of a project life cycle, from concept development to further management of finished facilities. The company’s principle shareholders are VTB Bank and the Bank of Moscow.
The company is one of the 5 largest real estate developers in Moscow. The total area of the development projects implemented by Hals-Development is 1.6 million sq m. In 2014 and 2015, the company made use of over 200,000 sq m for its projects: the Children’s Dreamhouse Mall on Lubyanka, the Kamelia resort complex in Sochi, Literator Elite Residential Quarter and the loft apartment complex in the elite Wine House Quarter in Moscow.
The company’s portfolio includes: the LETO Shopping and Entertainment Complex in Saint Petersburg, the SkyLight Business Center, the Danilovsky Fort business center, the Peking Hotel, the development of the Peking Gardens residential quarters, Wine House, Teatralny Dom, Nasledie, Iskra-Park, the development of the 11th area of the International Business Center Moscow-City (IQ-Quarter), and other projects in Moscow and other regions of Russia.
The company’s income from sales and rent of real estate in 2014 and 2015 was about 48 billion rubles.