The construction of a new premium class project called Little France by AAG Holding Company has been approved by the chief architect of the city. The residential complex will be built on the 20th line of Vasilievsky Island in terms of classic traditions of Saint Petersburg tenement buildings, however with a touch of modernity: its slender elegant facades will be done in sober colours with an emphasis on glazing. The project was designed by Liphart Architects bureau.
On November 24, Finans-Nedvizhimost LLC (member of AAG Holding Company) won the right for the long-term lease of Saint Petersburg architectural monument Golovin’s Cottage at 63 Vyborgskaya embankment, at a public tender. According to the order of the Ministry of Culture, the transfer of the 800 m2 building and 0.7 hectares plot of land is to be carried out by the state institution called Agency for Management and Use of Cultural Monuments. The cottage is in satisfactory condition and needs reconstruction.
AAG Investment and Construction Holding Company has announced the merger of one of its subsidiaries—A-Construction Company—with the Akademstroy Group of Companies. The companies will operate in the Saint Petersburg market under the brand name of A-Construction.
The merger decision was made by the management of the holding company with a view to form an internal General Contractor. A-Construction will be working both with AAG own projects and participating in external tenders. The experience of Akademstroy employees will allow A-Construction to act as a General Contractor in various large-scale projects. The first A-Construction project after the merger will involve the 2nd and 3rd construction phases of the Renaissance residential complex.
‘The experience of Akademstroy will bring to A-Construction a deep knowledge of construction methods and technologies from various construction sectors. There is no doubt that our joint efforts will enable us to succeed in both external and internal projects’, – says Yuri Alexandrov, Deputy Director General of A-Construction.
A-Development LLC, being a member of AAG Investment and Construction Holding Company, has received a permission to commission a 1,300 m2 industrial warehouse. The warehouse is located in YIT Greenstate industrial park on a 4,000 m2 plot of land. It was constructed for Novum Consulting CJSC, the largest supplier of pool equipment and components for heating and water supply systems in the North-Western region.
SMP Bank offers special mortgage loans for buyers of second phase apartments in Renaissance residential complex being currently under construction in the Nevsky district of Saint Petersburg near Ulitsa Dybenko metro station. Mortgage loans are available for a period of 3 to 25 years with an interest rate of 12.25% per annum.
AAG Investment and Construction Holding Company announces the beginning of the second phase of the construction of Renaissance residential complex currently being built in the Nevsky district of Saint Petersburg near Ulitsa Dybenko metro station. The commissioning of the building is scheduled for the third quarter of 2019.