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VTB Arena park project is awarded FIABCI-Russia 2013 Diploma in Master plan category

VTB Arena park project is awarded Diploma of a finalist in Master-plan category in the framework of all-Russian competition FIABCI Prix d’Excellence “Best implemented development project in Russia’s real estate market 2013”. The results of competition were announced at the 7th PROestate forum in Moscow.

VTB Arena park project of an overall reconstruction and modernization of Dynamo stadium and its adjacent area reached the final in Master plan category where facilities of comprehensive construction were submitted for competition at the stage of their documentation approval.

“The sheer fact that VTB Arena park was highly praised by the distinguished panel of FIABCI international award is of great importance for us. We managed to make our master plan balanced in such a way as to emphasize the uniqueness of the restored area by large-scale infrastructure elements. The major part of the master plan is devoted to the sports cluster: 8 hectares are occupied by Dynamo sports park distinct from others by abundance of theme areas and properly planned urban architecture dominated by the stadium. The project is at the earliest stage of implementation, we are certain that it will be financially beneficial and socially desirable”, commented Anastasia Pomelova, Deputy General Director of CJSC Management Company Dynamo.

Peculiarity of VTB Arena park project is preservation of the historical heritage of the area – Dynamo stadium in particular. Dynamo stadium restoration will permit to transform obsolete facility and to revive once great facility and convert it into architectural dominant – one of the most up-to-date sports and concert/entertainment centers of international level. VTB Arena park is the project of comprehensive reconstruction and restoration for modern use of the adjacent area including Arena park residential area and Dynamo physical education and sports park.

The Multifunctional sports, concert and entertainment complex will include: VTB Arena – Dynamo Central stadium, multi-purpose arena, entertainment and leisure center, Dynamo Society museum and underground parking. VINCI Construction Grands Projets is the general contractor responsible for construction part of VTB Arena park project in liaison with Manica Architecture bureau and SPEECH Tchoban & Kuznetsov architectural bureau which will act as the general designer of the project. Codest International – the general contractor also involved in development of Arena park residential complex which consists of apartments, “Hyatt Regency Moscow, Petrovsky Park” hotel, office buildings and supporting infrastructure.

FIABCI (International Real Estate Federation) is a worldwide international community of real estate professionals founded in France in 1949. FIABCI is represented by chapters in 48 countries. All-Russia contest “Best implemented development project in Russia’s real estate market” is conducted by FIABCI-Russia chapter and Managers and Developers Guild since 2007 as part of the International Investment Forum PROestate.

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