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VTB Arena park project executives announced launch of apartment sale as a part of a huge development project which involves Dynamo stadium reconstruction.

VTB Arena park is the project of comprehensive development of the area including construction of a multifunctional sports and entertainment  complex (VTB Arena and Dynamo Central Stadium), Dynamo Sports Academy, Arena Park business and residential area and Dynamo Sports park . Total project area is about 32 ha.

“Launch of apartment sale is a landmark moment in implementation of the whole VTB Arena park project. One after another, different parts of our project are evolving into an active stage of the project execution. Concrete casting of Hyatt Regency Moscow, Petrovsky Park foundation slab is being performed now and we’ve also started underpinning works of the preserved historic wall of Dynamo stadium. For the time being we’re expecting approval by Moscow state expert body of the documents for the first stage of the sports part construction. The next step is commencement of active construction activities on building of the legendary stadium”, noted Mr. Andrei Peregoudov, VTB Arena park project Director, Senior Vice-President, JSC VTB Bank.

VTB Arena park executives rank their product as apartments of business-class segment on the real estate market. The number of apartments for sale is around one thousand apartments with a total area of 94,000 sq.m. Apartment spaces range between 44 sq.m to 370 sq.m. with price dispersion from 145,000 rubles to 270,000 rubles depending on the location of the building, the floor and overlook of the apartments. “Design and architectural solutions, finishing, infrastructure of VTB Arena park project comply fully with the features of the premium price segment of the market. Such a high quality offered in business-class price segment is a strong competitive advantage of our project which is already highly appraised by real estate market experts. We even managed to convert the web-site of our project which is obviously considered as standard sales tool into a distinctive feature – www.arena-park.ru is the interactive internet resource allowing a user to scrutinize the area and most importantly to get firsthand information online: actual rates, layouts and availability of the apartments.  This very system will be used for the sports part of the project afterwards” – said Ms. Ekaterina Guryeva, Head of VTB Arena park sales department. 

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